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Asian Markets Broadly Higher; Nikkei, Taiwan Weighted Hit Record Closing Highs
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Market talk suggested that Iran and the United States had reached a final draft of a peace agreement. Although an Iranian official later denied that a deal had been concluded, differences between the two sides were reportedly narrowed. Major Asia-Pacific equity markets broadly advanced today (22nd), with Japan and Taiwan both setting record closing highs. On the Mainland, the Shanghai and Shenzhen A-share markets rose 0.87% and 2.3%, respectively, for the day. Hong Kong equities gained 219 points, or nearly 0.9%, to close at 25,606, with turnover of HKD281.298 billion. Taiwans market surged 899 points, or 2.2%, to 42,267, marking a record closing high. TSMC and Hon Hai Precision Industry rose 1% to 1.1%. MediaTek jumped 8.7%, while Delta Electronics and Wistron each climbed 3.2%. The Nikkei index rallied 1,654 points, or 2.7%, to close at 63,339, also a record closing high. Boosted by news that OpenAI is planning an initial public offering, SoftBank Group extended gains after surging nearly 20% in the previous session, rising a further 11.9% today. South Koreas market added 32 points, or 0.4%, to 7,847. Samsung Electronics fell 2.3%, while SK Hynix edged up less than 0.1%. Singapores market rose 19 points, or 0.4%, to 5,065. Australias S&P/ASX 200 and New Zealands NZX 50 increased 0.4% and 0.9%, respectively. The Philippines PSEI gained 0.7%, while Thailands SET 50, Malaysias KLCI and Indias Nifty 50 edged up 0.1% to 0.3%. Indonesias IDX rebounded from a more than one-year trough, rising 1.1% for the day. Vietnams Ho Chi Minh Index fell 1.1%, while the Hanoi Index rose 1.2%.(da/a) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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