- Asian equities advance as tech shares extended gains on continued enthusiasm for the AI-driven rally.
- Japan’s Nikkei 225 and South Korea’s KOSPI hit record highs of 67,231 and 8,874, respectively.
- Japanese stocks rise as local firms expand global AI infrastructure, positioning the market to benefit from the tech surge.
Asian equities advance on Monday as technology shares extended gains amid continued enthusiasm for the artificial intelligence-driven rally. However, traders may adopt caution due to highly fluid developments surrounding the United States (US)-Iran peace negotiations.
During the Asian hours, Japan’s Nikkei 225 and South Korea’s KOSPI hit fresh record highs of 67,231 and 8,874, respectively. Hong Kong’s Hang Seng is up by 1.04%, trading around 25,450. However, China’s SSE Composite Index falls 0.12% to near 4,060 at the time of writing.