Asian-Pacific markets have risen on Wednesday after Wall Street grew thanks to technological growth, led by the manufacturer of chips Nvidia, with South Korean shares leading to growth.
The shares of Nvidi rose by almost 3%, extending the winnings Monday and bringing Nvidia’s market capitalization above Microsoft’s for the first time since January. The broadcom and Micron Technology chips have increased by more than 3% and 4%.
South Korean markets have risen after the leader of the Opposition Party Lee Jae-Myung won the presidential election. The Kospi index jumped by 2.43% and reached the highest level from August last year, while the male capitalization has risen by 1.39%.
Lee’s “electoral promises gave a significant weight to increase the value of the Korean stock market,” he said in Note John Cho, Stock portfolio manager in JP Morgan Asset Management.
His commission law amendment plan, which will expand the legislation of administration to involve the interests of minority shareholders, “will make fewer decisions that destroy the value,” Cho explained.
Looking in advance, he expects the new South Korean government to adopt aggressive fiscal incentives to revive the domestic economy, and at the same time “Pragmatical” solved international trade issues.
“We believe that the domestic economy will recover from the low base in the second half of 2024. / First half of 2025. And we continue to be positive in terms of globally competitive and uniquely positioned manufacturers, including HBMs [memoriju velike propusnosti] For artificial intelligence, health and beauty and the difficult industry, “he added Cho on Wednesday.
In Japan, the Nikkei 225 reference index increased by 0.82%, while the spread of Topix has risen by 0.53%.
The CSI index 300 continental china increased by 0.52%, while the Hong Kongho Hang Seng index added 0.72%.
Australian S & P / ASX 200 increased by 0.77%. Economics of the Earth grew by 1.3% compared to the previous year in the first quarter of 2025, which is less than an estimated growth of 1.5% among economists surveyed by Reuters. The latest reading has not changed compared to a growth of 1.3% compared to the previous year in the previous quarter.
Meanwhile, the Indian Reference Nifty 50 progressed by 0.15%, while BSE SENSEX increased by 0.11%.
