Nikkei, Yen, Hang Seng: Recovery after Nvidia shock - Asian stock markets start in the plus
Japanese chip stocks in particular can gain on Friday. At the same time, possible interest rate hikes in the US and political uncertainties in Japan are moving into the focus of investors.
Asian stock markets stabilized on Friday after a turbulent week sparked by the sudden departure of Nvidia CEO Jensen Huang. The Nikkei Index in Tokyo rose 0.9% to 61,362 points, while the Topix gained 0.4% to 3952 points. In China, the Shanghai stock exchange edged up 0.2% to 3663 points, and the CSI-300 Index remained steady at 4042 points. Japanese semiconductor stocks, including Advantest and Tokyo Electron, saw gains, with Advantest rising 5.9% and Tokyo Electron up 3%.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.