Asian stocks rise supported by Wall Street gains and technology agreements
October 2, 2025928 ViewsRead Time: 1 minutes
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Asian stock indices recorded notable increases today, Thursday, following the record gains on Wall Street, despite the ongoing U.S. government shutdown.
The biggest support came from the technology sector, as shares of semiconductor companies rose after South Korean companies Samsung Electronics and SK Hynix announced an agreement with the American company OpenAI to supply "Stargate" data centers with memory chips.
In South Korea, the KOSPI index rose by 2.9% to record 3555.63 points.
In Japan, the Nikkei 225 index increased by 0.3% to close at 44675.96 points.
In Hong Kong, the Hang Seng index advanced by 1.3% to reach 27206.18 points.
Meanwhile, markets in mainland China remained closed due to a national holiday from October 1 to 8.
In Australia, the S&P/ASX 200 index rose by 1% to 8937.10 points, driven by gains in gold mining companies.
On Wall Street, U.S. stocks recorded new all-time highs yesterday, Wednesday, coinciding with a decline in bond yields.
In currency markets, the dollar rose against the Japanese yen, recording 147.13 yen compared to 147.08 yen, while the euro rose to 1.1735 dollars from 1.1731 dollars.
