Nikkei jumps 6% on holiday rebound while regional markets rise, fueled by ongoing tech sector strength and geopolitical uncertainty.
Asian equities advanced sharply as the Nikkei 225 climbed 6% in a catch-up trade following a holiday, while the Kospi also posted gains. The rally was underpinned by continued strength in technology stocks, which have led global markets higher in recent sessions.
Regional markets shrugged off lingering uncertainty over Iran, focusing instead on positive momentum in semiconductor and AI-related shares. The tech sector has been a key driver of risk appetite, offsetting concerns about geopolitical risks and macroeconomic headwinds.
Trading volumes remained elevated as investors positioned for further gains, though caution persisted amid mixed signals from global central banks and commodity markets.