Current location:Stellar Series news portal > style
Stock market today: Asian shares mostly gain after tech shares lead Wall St higher
Stellar Series news portal2024-05-08 00:41:14【style】0People have gathered around
IntroductionAsian markets forged higher Tuesday after another day of gains on Wall Street led by technology stoc
Asian markets forged higher Tuesday after another day of gains on Wall Street led by technology stocks.
U.S. futures were nearly flat and oil prices edged higher.
Tokyo’s Nikkei 225, reopening after a national holiday, jumped 1.6% to 38,835.10. The advance was led by semiconductor companies like Tokyo Electron, which closed 4.8% higher, and Advantest, which picked up 2.2%.
The Kospi in South Korea surged 2.1% to 2,731.83, helped by big tech companies like Samsung Electronics, which racked up a 4.5% gain, and smaller rival SK Hynix, which added 3.7%.
Hong Kong’s Hang Seng shed 0.5% to 18,470.90. But the Shanghai Composite index recovered from early losses, gaining 0.3% to 3,148.56.
Australia’s S&P/ASX 200 advanced 1.3% to 7,781.70 after the central bank decided to keep interest rates unchanged at 4.35%.
While the Reserve Bank of Australia has likely set the bar high for any rate hikes, it “will probably need to see several more months of soft data before it is confident that it can loosen policy settings. All told, rate cuts will likely take longer to materialize than most are anticipating,” Abhijit Surya of Capital Economics said in a commentary.
Address of this article:http://britishvirginislands.whetstonetavern.com/news-57d199838.html
Very good!(7)
Related articles
- Larrañaga, Kruger, Dunphy and Nolan to be honored with Joe Lapchick Character Award
- Law forcing Chief Ombudsman Peter Boshier to retire 'appears discriminatory'
- Impossible decisions and the job he never got to do
- Woman and child escape Auckland house fire, gang at scene
- Larsa Pippen flashes diamonds on THAT finger while out with on
- Impossible decisions and the job he never got to do
- Coach speaks on car chase, gun shots after Hawke's Bay rugby game
- Blaze at abandoned building in Wellington
- Travis Kelce parties at star
- ‘Corrosive obsession with a person’s race’: David Seymour on Māori Wards
Popular articles
Recommended
US and Philippine forces stage combat drills near strategic channel off southern Taiwan
Bail for man accused of grabbing schoolgirl in west Auckland
WorkSafe interim chief executive Steve Haszard resigns months into job
Parliament: Current caretaker role to continue until new government formed
Biden bows to pressure from anti
Israel launches night raid on Gaza al
Wellington job market already tough before public sector redundancies
University enrolments drop at Otago, rise at Waikato
Links
- Clippers facing prospect of no Kawhi Leonard in playoff opener against Luka Doncic and Mavericks
- Josie Gibson voices fears over having her heart broken AGAIN amid string of romantic disasters
- Lok Sabha election 2024: India begins voting in mammoth polls
- Stephenson hits 1st career grand slam, Fairchild drives in 2 as the Reds beat the Angels 7
- Joey Meneses hits an RBI single in the 10th inning to lead Nationals past Astros 5
- Unprecedented wave of narco
- TikTok star with 1.1 million followers reveals why US must pass ban on China
- Jennifer Aniston, 55, and Courteney Cox, 59, show off their age
- Longer Spring Festival holiday sparks travel frenzy among Chinese
- Tomas Totland scores first MLS goal in stoppage time, St. Louis plays Sporting KC to 3