South Korea and Japan stocks hit record highs Wednesday amid gains in the region, after a tech-driven rally on Wall Street that was fueled by easing concerns around artificial intelligence-led disruption to select industries.
In Japan, the Nikkei 225 ballooned 1,262.03 points, or 2.2%, to 58,583.12, a fresh high.
In Hong Kong, the Hang Seng Index recovered 175.4 points, or 0.7%, to 26,765.72,
Similarly, South Korea’s Kospi rose to breach the 6,000 mark for the first time.
Taiwan’s benchmark stock index rose 1.8% to a record high for the fifth straight session.
Bitcoin jumped about 2%, back to $65,000 levels after sliding below $63,000 briefly on Tuesday.
In other markets
In China, the CSI 300 gained 28.35 points, or 0.6%, to 4,735.89.
In Singapore, the Straits Times Index lost 13.06 points, or 0.3%, to 5,007.73.
In Korea, the Kospi index advanced 114.22 points, or 1.9%, to 6,083.86.
In Taiwan, the Taiex popped 712.25 points, or 2.1%, to 35,413.07.
In Australia, the ASX leaped 105.97 points, or 1.2%, to 9,128.29.
In New Zealand, the NZX 50 docked 6.73 points, or 0.1%, to 13,525.58.
