{"id":126306,"date":"2026-04-27T11:15:00","date_gmt":"2026-04-27T07:15:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126306"},"modified":"2026-04-27T10:55:54","modified_gmt":"2026-04-27T06:55:54","slug":"asian-markets-roar-to-records-tech-euphoria-lifts-tokyo-and-seoul-as-oil-spike-tempers-the-rally","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/asian-markets-roar-to-records-tech-euphoria-lifts-tokyo-and-seoul-as-oil-spike-tempers-the-rally\/04\/27\/market-updates\/","title":{"rendered":"Asian Markets Roar to Records: Tech Euphoria Lifts Tokyo and Seoul as Oil Spike Tempers the Rally"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Records shattered:<\/strong> South Korea&#8217;s KOSPI surged 2.3% to an all-time high of 6,630.35, while Japan&#8217;s Nikkei 225 climbed as much as 1.6% to a record 60,652.98.<\/li>\n\n\n\n<li><strong>Chip stocks lead the charge:<\/strong> SK Hynix soared more than 6% to a fresh peak, Samsung Electronics added 2.5%, and AI-linked stocks across Asia tracked Wall Street&#8217;s record-setting Nasdaq and S&amp;P 500 close.<\/li>\n\n\n\n<li><strong>BOJ in focus:<\/strong> The Bank of Japan is widely expected to hold rates at 0.75% on Tuesday, with markets watching for forward guidance hinting at a potential June or July hike.<\/li>\n\n\n\n<li><strong>Oil clouds the outlook:<\/strong> Brent crude held above $107 per barrel amid stalled U.S.-Iran negotiations and a still-closed Strait of Hormuz.<\/li>\n\n\n\n<li><strong>Diplomatic setback:<\/strong> Trump canceled a planned envoy mission to Pakistan over the weekend, telling Tehran it could initiate talks if it chose to.<\/li>\n\n\n\n<li><strong>Big week ahead:<\/strong> Investors brace for the Federal Reserve&#8217;s policy decision and a wave of earnings from Alphabet, Microsoft, Amazon, Meta, and Apple.<\/li>\n\n\n\n<li><strong>Mixed regional picture:<\/strong> Shanghai and Hang Seng traded flat, Singapore slipped 0.5%, Australia&#8217;s ASX 200 eased 0.2%, while India&#8217;s Nifty 50 futures inched 0.1% higher.<\/li>\n<\/ul>\n\n\n\n<p>The majority of Asian stock markets advanced on Monday, with Japan and South Korea both rocketing to fresh record highs, although broader gains across the region were tempered by climbing oil prices and the deadlock in U.S.-Iran negotiations.<\/p>\n\n\n\n<p>Regional equities drew strength from a powerful Wall Street lead, where the Nasdaq and S&amp;P 500 both closed at new record peaks, lifting sentiment around chipmakers and AI-linked names across Asia.<\/p>\n\n\n\n<p>U.S. stock index futures traded with little change during Asian hours on Monday.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">KOSPI and Nikkei Smash Records on Tech Tailwind<\/h2>\n\n\n\n<p>South Korea&#8217;s KOSPI leapt 2.3% to 6,630.35 points \u2014 a new all-time high. SK Hynix (KS:000660) shares rocketed more than 6% to set a fresh record, while Samsung Electronics (KS:005930) climbed 2.5%.<\/p>\n\n\n\n<p>The KOSPI index rallied nearly 5% over the past week, propelled by blockbuster semiconductor earnings and AI-related breakthroughs from SK Hynix.<\/p>\n\n\n\n<p>Japan&#8217;s Nikkei 225 advanced as much as 1.6% to a record 60,652.98 points, while the broader TOPIX index added 0.7%.<\/p>\n\n\n\n<p>Investor attention is squarely on the Bank of Japan, which will wrap up its two-day policy meeting on Tuesday with its rate decision and quarterly outlook report.<\/p>\n\n\n\n<p>The BOJ is broadly expected to hold its short-term policy rate steady at 0.75%, taking a measured approach as officials evaluate the economic ripple effects of soaring oil prices and Middle East tensions.<\/p>\n\n\n\n<p>Instead, markets are zeroing in on forward guidance, with widespread expectations that the central bank could telegraph a possible rate hike as soon as June or July, given the persistence of inflationary pressures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">U.S.-Iran Friction Lingers; Oil Pushes Higher<\/h2>\n\n\n\n<p>The broader mood across regional markets remained cautious as crude oil prices climbed sharply amid intensifying supply concerns. Brent crude held above $107 per barrel as negotiations between Washington and Tehran stalled and the Strait of Hormuz remained largely shut, severing a vital artery for global oil supply.<\/p>\n\n\n\n<p>U.S. President Donald Trump on Saturday called off a planned envoy trip to Pakistan that had been intended to advance the Iran talks, telling reporters that Tehran could initiate negotiations if it chose to.<\/p>\n\n\n\n<p>Beyond Japan, investors remain locked in on U.S. developments, including the Federal Reserve&#8217;s policy decision later this week and a heavyweight slate of earnings from technology titans including Alphabet, Microsoft, Amazon, Meta Platforms, and Apple.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mixed Picture Across the Rest of Asia<\/h2>\n\n\n\n<p>Elsewhere in the region, China&#8217;s Shanghai Composite and Hong Kong&#8217;s Hang Seng index both traded flat.<\/p>\n\n\n\n<p>Singapore&#8217;s Straits Times Index slipped 0.5%, while Australia&#8217;s S&amp;P\/ASX 200 edged down 0.2%.<\/p>\n\n\n\n<p>Futures for India&#8217;s Nifty 50 ticked up 0.1%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Records shattered: South Korea&#8217;s KOSPI surged 2.3% to an all-time high of 6,630.35, while Japan&#8217;s Nikkei 225 climbed as much as 1.6% to a record 60,652.98. Chip stocks lead the charge: SK Hynix soared more than 6% to a fresh peak, Samsung Electronics added 2.5%, and AI-linked stocks across Asia tracked Wall Street&#8217;s &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[6849,6851],"class_list":["post-126306","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates","tag-asia","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126306"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126306\/revisions"}],"predecessor-version":[{"id":126307,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126306\/revisions\/126307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}