Asian shares advance, led by a nearly 6% gain for South Korea’s Kospi

Live updates

1. 21d ago

   Asian stocks rise as chip gains and falling yields offset Iran sanctions

   Asian equities advanced on Friday, with South Korea's Kospi surging nearly 6%. The rally centered on chip stocks, including a 12% jump for SK Hynix and a 9% increase for Samsung. In India, the Sensex rose to 77,702.18, up 164.46 points, while the Nifty reached 24,284.05. Market gains followed a drop in Treasury yields and lower oil prices, despite the threat of heavy U.S. sanctions on Iran. Bitcoin topped $80,000 and spot gold nearly reached $4,700 an ounce amid inflation concerns.

   Why it matters

   Investors are reacting to U.S. Treasury debt buybacks and anticipation of Nvidia earnings. These factors are easing bond market jitters. Meanwhile, geopolitical tension persists as the U.S. increases pressure on Iran and its trading partners.

   What is confirmed

   • South Korea's Kospi rose nearly 6%.
   • SK Hynix shares climbed 12% and Samsung rose 9%.
   • Treasury yields fell.
   • The Sensex reached 77,702.18, an increase of 164.46 points.
   • The Nifty stood at 24,284.05, up 52.20 points.

   Still unconfirmed

   • Nvidia earnings are a primary driver for chip stock investors.

   What to watch next

   • Nvidia earnings report
   • U.S. Treasury debt buyback updates
   • Implementation of U.S. sanctions on Iran
   Sources used for this update (6)

   1. timesofindia.indiatimes.com — Stock Market Today Highlights: Benchmark indices end flat; Sensex up 3 points, Nifty50 closes above 24,250
   2. news.abplive.com — Dalal Street Cautiously Optimistic: Sensex Over 77,600, Nifty Marginally Higher
   3. consent.yahoo.com — Shares, oil dip as US sanctions on Iran loom
   4. www.theguardian.com — Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
   5. www.cnbc.com — S&P 500 rises slightly as yields fall, Nasdaq boosted by chip names: Live updates
   6. www.winnipegfreepress.com — World shares mostly gain and oil prices slip as the US raises pressure on Iran
   confidence 85%
2. 26d ago

   South Korea's Kospi surges nearly 6% as Asian shares advance

   Asian equity markets rose on Friday, with South Korea's Kospi leading the gains with a nearly 6% spike. The rally was driven by a surge in chip stocks and reduced concerns over U.S. bond yields following expanded U.S. Treasury debt buybacks. In Seoul, SK Hynix shares climbed 12% and Samsung rose 9%. While Asian markets trended upward, global shares remained mixed and Brent crude oil prices increased by 2.2%.

   Why it matters

   The correlation between U.S. Treasury yields and Korean semiconductor stocks often drives regional market volatility. Lower yields typically reduce borrowing costs and increase the attractiveness of high-growth tech assets. This movement reflects the sensitivity of the Asian tech sector to U.S. monetary policy.

   What is confirmed

   • South Korea's Kospi gained nearly 6%.
   • Asian shares advanced during the trading session.
   • U.S. Treasury buybacks eased bond yields.

   Still unconfirmed

   • SK Hynix shares rose 12%.
   • Samsung shares rose 9%.
   • Brent crude gained 2.2%.

   What to watch next

   • Further U.S. Treasury announcements regarding debt buyback volumes
   • Continued performance of semiconductor stocks in Seoul
   • Shift in U.S. bond yield trends
   Sources used for this update (5)

   1. AP News — Asian shares advance, led by a nearly 6% gain for South Korea’s Kospi
   2. upi.com — Seoul stocks spike nearly 6 pct on chip rally, eased U.S. bond yield concerns
   3. Investing.com — Asian stocks rally as Treasury buybacks ease yields; KOSPI surges nearly 6%
   4. BeInCrypto — SK Hynix Up 12%, Samsung Up 9%: Why US Bonds Move Korean Chips
   5. News-Press NOW — World shares are mixed after US Treasury expands debt buybacks, while Brent crude gains 2.2%
   confidence 90%