Asian stocks rebound after last week’s technology sell-off
Economy · First reported 9 Nov, 04:03 · Updated 04:52
Asian markets rose on Monday after steep declines the previous week. Coverage also noted that last week’s declines had pushed many indices into bear market territory.
- Japan’s Nikkei 225, South Korea’s Kospi, Taiwan’s Taiex and Hong Kong’s Hang Seng all rose on Monday.
- The article attributed the earlier technology sell-off to concerns following the US midterm results, including possible delays to data-centre construction.
- The Financial Times snippet said declines the previous week had pushed many indices into bear market territory.
Summary written by Lux AI from 2 articles
Key facts
- Nikkei 225
- Up 3.45 percent at 04:00 GMT on Monday.
- Taiex
- Up 5.72 percent on Monday.
- Kospi
- Up 1.68 percent on Monday.
- Hang Seng
- Up 0.19 percent on Monday.
- Wall Street sell-off
- The report put Thursday’s sell-off at $2.5 trillion.
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Left 1 · Centre 1 · Right 1 of 3 rated sources
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Ownership
- Corporation 67% (2)
- Government 33% (1)
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