NewsSOS
Asian stock markets rebounded on Friday following a stabilization in the U.S. Nasdaq composite index, with traders shifting focus to relative values after a week of declines in the technology sector.
Major regional exchanges in Hong Kong, Shanghai, and Tokyo finished in positive territory, while most other markets in the region also closed higher.
In Japan, the Nikkei 225 index opened higher and maintained its gains throughout the session. The benchmark closed up 1.4%, rising 898.34 points to finish at 65,324.29.
Market breadth was positive, with 193 stocks gaining against 29 losers. Investors returned to artificial intelligence and semiconductor-related shares following their recent drop.
Keep reading