Nikkei, Yen, Hang Seng: Recovery after Nvidia shock - Japanese stock exchange recovers
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 have stabilized after a turbulent week. The Nikkei index rose 0.5% to 61,142 points, while the broader Topix index gained 0.1%. The Shanghai stock exchange increased by 0.2% to 3663 points, and the CSI-300 index remained steady at 4042 points. Nvidia CEO Jensen Huang stepped down on Thursday amid a spy scandal, causing uncertainty in the tech sector, but many AI and chip stocks rebounded on Friday, with Advantest and Tokyo Electron gaining 2.1% and 1.7% respectively.
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.
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