Asian shares rise as South Korea’s Kospi jumps nearly 6%
AI Market Summary
Asian equities rose in tandem with Wall Street as the U.S. Treasury's expanded long-dated debt buyback plans helped push yields lower, easing rate-pressure on risk assets. South Korea's Kospi led with a near 6% rebound, driven by sharp gains in Samsung and SK Hynix (boosted by a major buyback). Improved risk appetite contrasted with higher oil prices amid limited progress in U.S.-Iran negotiations.
Impact level
● Medium
Affected assets
NCSIKOSPI2USD/USDT+0.18%
AI Insight · NCSIKOSPI2USD/USDTAI Insight
▲ Bullish
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Asian equities rose on Thursday, tracking an overnight advance on Wall Street. South Korea’s Kospi surged nearly 6% to recoup the prior session’s drop tied to renewed selling in artificial intelligence-related shares. Samsung Electronics climbed 9.5%, while SK Hynix jumped 12.7% after announcing a significant share buyback plan. Japan’s Nikkei 225 gained 1.4%, while Hong Kong’s Hang Seng rose 1.2% and China’s Shanghai Composite added 0.2%.
