Asian Markets Show Resilience After Wall Street Rebound
Asian shares mostly gained ground following a bounce-back in U.S. stocks, with Tokyo's Nikkei 225 climbing 0.3% and Seoul's Kospi rising by 0.7%. Taiwan's Taiex soared by 1.3% to hit a new all-time high, driven by robust demand for chip-related shares.
Amidst light trading volumes due to U.S. and UK holidays, Asian markets await crucial economic indicators such as Chinese industrial profits. Despite concerns over rising bond yields, global markets, including Hong Kong, remain optimistic, with stocks starting the week on a positive note, as seen with Vietnam's VN-Index rising by 0.46%.
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