The Asian bags closed on Wednesday (4), a day after Wall Street approach a little more historical levels and with the South Korea market leading the gains in the face of the victory of the opposition candidate in the local presidential election.
The Kospi index jumped 2.66% in Seoul, to 2,770.84 points, after the new South Korean president, leftist Lee Jae-Myung, promises to revitalize the country’s economy, resume conversations with neighboring North Korea and reinforce the trilateral partnership with the US and Japan in his inauguration speech.
In other part of the Asian region, the Japanese Nikkei rose 0.80% in Tokyo, at 37,747.45 points, Hang Seng advanced 0.60% in Hong Kong, 23,654.03 points, and Taiex secured robust 2.32% in Taiwan at 21,618.09 points.
In mainland China, compound Shanghai was up 0.42%, to 3,376.20 points, and the least composed compound rose 0.92%at 1,999.61 points.
Yesterday, New York scholarships had widespread gains from the second trading session, with S&P 500 less than 3% of the historic maxim reached this year and amid a technology rally led by the Nvidia Artificial Intelligence chips, which once again surpassed Microsoft as the largest US value -in -value company.
The tariff issue also follows the radar. US President Donald Trump today posed that it is “extremely difficult” to close an agreement with China President Xi Jinping at a time of impasse in commercial negotiations between the two countries.
In recent days, the US government has suggested that Trump and Xi will be able to talk about tariffs later this week.
Trump also fulfilled the threat of bending US tariffs on steel and aluminum imports to 50%, a rate that came into force on Wednesday.
In Oceania, the Australian bag was in blue for the second consecutive day, high of 0.89% of S&S ASX 200 in Sydney, 8,541.80 points.