Asian stock markets register gains following the tech sector downturn
“Asian stock markets climb after earlier tech rout”
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Major Asian stock indices rebounded this Monday following the widespread decline in the tech sector triggered the previous week by the United States midterm elections and corporate investigations into Nvidia.
The markets of Japan, South Korea, Taiwan, and Hong Kong experienced significant gains during Monday's trading session, containing the bearish trend of the previous week.
In Tokyo, the Nikkei 225 index increased by 3.45 percent, while the Taiex in Taipei rose by 5.72 percent and the Kospi in Seoul advanced by 1.68 percent.
The prior volatility was influenced by the results of the US midterm elections and Nvidia's announcement of an independent investigation into its CEO, Jensen Huang.
- Asian stock markets rose on Monday following a previous decline.
- Tokyo's Nikkei 225 index rose by 3.45 percent.
- Taipei's Taiex recorded an increase of 5.72 percent.
- Nvidia opened an independent investigation into its CEO, Jensen Huang.
Corroborates: Asian stock markets climb after earlier tech rout