Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street [Yahoo! Finance]
TOKYO ELECTRON UNSP/ADR (TOELY)
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Source: Yahoo! Finance
Tokyo's Nikkei 225 surged 3.1% to an intraday record of 53,814.79 as trading resumed after a holiday. Technology-related stocks helped lift the benchmark. Compute chip testing equipment maker Advantest surged 8.5%. Chip maker Tokyo Electron jumped 8.3% and SoftBank Group rose 4.3%. Investors are also closely monitoring the prospects for a possible snap election. Prime Minister Sanae Takaichi is expected to opt for an early election to help strengthen her policy mandate for higher government spending. Hong Kong's Hang Seng advanced 1% to 26,877.01. Shares of China-based chip designer GigaDevice Semiconductor jumped 54% in early trading in the company's Hong Kong trading debut. The Shanghai Composite index fell less than 0.1% to 4,163.84. South Korea's Kospi traded 0.6% higher to 4,651.67, also breaching fresh intraday records. In Australia, the S&P/ASX 200 gained 0.8% to 8,830.60. Taiwan's Taiex rose 0.5%, while the Sensex in India lost 0.3%. On Wall Street, concern over the
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News
- Assessing Tokyo Electron (TSE:8035) Valuation After A Strong Momentum-Fueled Share Price Run [Yahoo! Finance]Yahoo! Finance
- World shares are mixed and Tokyo hits a record, tracking fresh highs on Wall Street [BNN Bloomberg (Canada)]BNN Bloomberg
- Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street [Yahoo! Finance Canada]Yahoo! Finance Canada