Asian stocks rise as tech
Photo: Ahn Young-joon/AP/TT

Asian stocks rise as tech giants rally, SoftBank jumps 11.6%

Stock markets in Asia are heading for a strong end to the week with broad gains. Among other things, several technology stocks are rising.

Advertisement

South Korea's Kospi is up 3.6 percent at lunchtime, following gains by several of the stock market's heavyweights. For example, Samsung Electronics is up 4.1 percent and Seoul Semiconductor is up 6.0 percent.

On Friday, South Korean SK Hynix will also be listed on the American Nasdaq. The company is a supplier to chip giant Nvidia, among other things, and rose 1.5 percent in South Korea during morning trading.

In Tokyo, technology-focused investment company SoftBank climbed by a whopping 11.6 percent. Overall, the Nikkei 225 increased by 1.7 percent and the Topix by 0.7 percent.

In China, Shenzhen is up 0.6 percent and Shanghai is up 0.5 percent. Hong Kong's Hang Seng is up 1.5 percent.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Tech

All