Asian shares advance as tech shares rebound from AI jitters [Yahoo! Finance Canada]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Yahoo! Finance Canada
South Korea's Kospi led the gains, jumping 3.5%. Computer chip maker SK Hynix, which is cooperating with Nvidia on artificial intelligence, surged 5.5%. Its bigger rival, Samsung Electronics, was up 2.4%. Tokyo's Nikkei 225 added 1.2% to 50,897.20, lifted by big gains for AI related shares such as chip maker Tokyo Electron, which surged 4.7%. The Hang Seng in Hong Kong rose 0.8% to 26,445.65 and the Shanghai Composite index was barely changed, at 2,630.42. Australia's S&P/ASX 200 was up 0.7% at 8,826.50. Taiwan's Taiex jumped 1.2%, while the Sensex in India gained 0.5%. On Friday, stock indexes closed mixed on Wall Street, clocking their first weekly loss in the last four. The S&P 500 inched 0.1% higher, to 6,728.80. The Dow Jones Industrial Average added 0.2% to 46,987.10. The technology-heavy Nasdaq fell as much as 2.1%, but recovered most of its losses, shedding 0.2% to 23,004.54. Major indexes wobbled throughout most of the week, weighed down by technology stocks, e
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