Asia-Pacific markets predominantly experienced an uptick on Wednesday, diverging from US Market’s trajectory following a decline in U.S. technology stocks that impacted overall sentiment. Concurrently, gold continued its upward trend for a second consecutive day. Japan’s Nikkei 225 experienced a decline of 0.78%, closing at 54,293.36, primarily influenced by the performance of technology stocks. The Read More
On Tuesday, markets in the Asia-Pacific region experienced an uptick, with numerous benchmarks significantly increasing, reflecting the positive momentum observed on US market. South Korea’s Kospi spearheaded regional advances, surging almost 7% to finish at 5,288.08, which momentarily activated a temporary halt, or sidecar, in purchase orders. Following a decline on Monday, major players SK Read More
Asia-Pacific markets commenced the trading session on a positive note Tuesday, buoyed by the influence of AI-related transactions that propelled major indexes upward in the previous session. Nvidia shares experienced an increase of over 1% following a report indicating that the company plans to commence shipments of its H200 chips to China by mid-February. Micron Read More
Markets in the Asia-Pacific region experienced a decline on Monday, following a downturn on the previous Friday, as investors paused their engagement with the AI sector. “[Friday] is a value-outperforms-growth day,” stated Jed Ellerbroek. “Investors exhibit a degree of skittishness regarding AI — not overtly pessimistic, but rather cautious, nervous, and hesitant.” Market participants in Read More
