Asia-Pacific Markets Stage Strong Recovery
As concerns over the global economic outlook eased, Asia-Pacific equity markets saw a strong rebound on Tuesday. South Korea's KOSPI index surged 6.84% to close at 5,288.08 points, with semiconductor giants like Samsung Electronics and SK Hynix leading the rally. Samsung's shares rose over 10% during trading, marking its strongest single-day gain since March 2020.
Japanese Equities Hit New Milestone
Japan's Nikkei 225 index also reached a historic high, climbing 3.92% to 54,720.66 points. The rise reflects growing investor confidence, with technology and financial sectors contributing significantly to the upward momentum.
Taiwan Market Sees Steady Gains
Taiwan's weighted index also moved higher, rising 1.81% to 32,195.36 points. The electronics and semiconductor sectors provided solid support to the broader market.
- KOSPI jumps 6.84%
- Nikkei 225 hits record high
- Taiwan index climbs steadily