
"Asian Stocks" Asia-Pacific stock markets generally rise, Taiwan and South Korea stocks hit record highs, MediaTek reaches the daily limit
Asia-Pacific stock markets generally rose, as the market continued to anticipate the resumption of negotiations between the U.S. and Iran. The Taiwan and South Korean stock markets hit new highs, while the Japanese stock market also approached historical peaks.
The People's Bank of China conducted a seven-day reverse repurchase operation in the open market, with a net injection of 4 billion yuan in a single day. The Shanghai Composite Index closed at 4,072 points, down 9 points or 0.2%; the Shenzhen Component Index closed at 14,854 points, down 112 points or 0.8%. The Hong Kong Hang Seng Index closed at 26,394 points, up 33 points or 0.1%, with a turnover of 108.8 billion yuan. The Taiwan Weighted Index rose 713 points or 1.9%, closing at 37,672 points, reaching a new high of 37,757 points during the session. TSMC and Hon Hai rose 1.7%, ASE rose 2.7%, MediaTek surged 10% to the daily limit, and Delta Electronics rose 5.5%.
The Japanese Nikkei Average rose 753 points or 1.3%, closing at 59,578 points. SoftBank and Kioxia rose 8.4% and 7.4%, respectively, while Renesas Electronics and Seiko Instruments rose 5.6% and 5.5%. Tokyo Electron rose 3.9%. South Korea's KOSPI rose 145 points or 2.4%, closing at 6,365 points, reaching a new high of 6,369 points during the session. LG Energy Solution rose 9.8%, SK Hynix and Doosan Enerbility rose 4.8% and 3.7%, respectively, while Samsung Electronics rose 1.4%, and Samsung SDI, which reached a supply agreement with Mercedes, surged 17%.
India's Nifty 50 Index rose 147 points or 0.6%, closing at 24,512 points. Nestlé India and Tata Group's retail subsidiary Trent each rose 1.9%, Hindustan Unilever rose 1.5%, and Asian Paints rose 2.1%.
Australia's S&P/ASX 200 Index fell 18 points or 0.2%, closing at 8,935 points. Financial stocks, including ANZ Group, fell 1.9%. New Zealand's NZX 50 Index fell 17 points or 0.1%, closing at 12,898 points.
In Southeast Asia, Singapore's Straits Times Index rose 10 points or 0.2%, closing at 5,014 points. Precision equipment parts maker UMS rose 4.2%, and chip testing company Unisem rose 1.4%. Malaysia and Thailand's stock markets rose 0.6% and 0.2%, respectively, while Indonesia's stock market fell 0.5%, the Philippines' stock market rose by less than 0.1%, and Vietnam's Hanoi and Ho Chi Minh stock markets rose 0.3% and 1.1%, respectively

