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    You are at:Home»World News»South Korea's Kospi records four-session winning streak amidst mixed Asia-Pacific markets
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    South Korea's Kospi records four-session winning streak amidst mixed Asia-Pacific markets

    November 4, 202502 Mins Read
    South korea's kospi records four session winning streak amidst mixed asia pacific

    Stock information is displayed on an electronic board and pedestrians are reflected in the window at the Australian Stock Exchange, operated by ASX Ltd., on August 6, 2024 in Sydney, Australia.

    Lisa Marie Williams | Getty Images News | Getty Images

    Asia-Pacific markets traded mixed on Tuesday, with no major catalysts as Wall Street's two main indexes rose overnight on optimism about technology.

    Amazon's stock rose 4% on its $38 billion deal with OpenAI, which will see it use hundreds of thousands of Nvidia graphics processing units. Nvidia also rose about 2% after securing an export permit to ship its chips to the United Arab Emirates.

    australian S&P/ASX 200 The stock fell 0.7% as investors awaited the Reserve Bank of Australia's policy decision.

    Japanese Nikkei Stock Average rose 0.25%, and TOPIX rose 0.52%. Korean Kospi The small-cap Kosdaq rose 0.24%, but fell 1.29%.

    The Kospi has risen in 12 of the past 15 sessions, hitting multiple new highs this month on the back of global AI tailwinds and regional structural changes that are steadily eroding the long-standing “Korean discount.”

    hong kong Hang Seng Index increased by 0.23%, but the mainland's CSI300 remained unchanged.

    High-tech industry spending a night in the US Nasdaq Although it increased by 0.46%, S&P500 It rose by 0.17%. of Dow Jones Industrial Average It was a laggard and fell 0.48%.

    —CNBC's Sean Conlon and Fred Imbert contributed to this report.

    AsiaPacific foursession Korea39s Kospi markets Mixed records south streak winning
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