Asian Stocks Closed Higher, Led by Japanese Stocks

Asian stocks closed the Asian period higher with the support of Japanese stocks after SoftBank announced that it wanted to sell the shares of this company for $ 40 billion, and Nvidia sought to acquire the shares of this company, which led to the rise in SoftBank shares during Today’s session increased by more than 10% and boosted the rise of Japanese stocks.

SoftBank’s shares closed Monday’s trading session higher by 8.96%, up 525 points to 6,385 Japanese yen, upon the announcement of this highly anticipated deal. While the Nikkei 225 index closed at an increase of 0.65%, or 152.81 points, to the level of 23,559.30. At the same time, the broader Topix index rose by 0.88%, or 14.46 points, to the level of 1,651.10.

On the other hand, the Australian shares index recorded an increase of 0.68% at the end of trading, to the level of 5,899.50. Coinciding with the rise of Chinese stocks led by the Shanghai Composite Index, which rose by 0.57%, and the Hang Seng Index, recording a rise of 0.56%. Meanwhile, South Korean shares posted an increase of 1.30% or 31.22 points, to the level of 2,427.91.