Cityscape and Tokyo Tower at dusk, Tokyo, Japan.
© Marco Bottigelli | Moments | Getty Images
Japanese benchmark Nikkei Stock Average It rose 1.5% to a new record after closing at an all-time high on Monday. TOPIX also rose 0.73%, hitting a new record high.
Broad markets in the Asia-Pacific region also opened higher, following Wall Street gains led by market gains. apple KK.
Investors are awaiting Japan’s parliamentary vote in which Sanae Takaichi is likely to become the next prime minister after the right-wing opposition party Nippon Ishin no Kai said on Monday that it was ready to support her bid to become prime minister.
South Korea’s Kospi index rose more than 2% to a new high, led by gains in large auto stocks. Hyundai Motor’s stock price rose 6.45%, and Kia Motors’ stock rose 4.28%.
Australia’s ASX/S&P 200 index rose 0.50%. Shares in the country’s rare earths companies rose after Prime Minister Anthony Albanese and US President Donald Trump signed a critical minerals agreement on Tuesday aimed at countering Chinese domination.
australian linus rare earth 3.8% addition, dolphin resources rose nearly 6%, Pilbara Minerals It rose 4.7%. VHM While prices soared more than 30%, northern minerals It soared nearly 15%.
hong kong Hang Seng Index The stock rose 1.17% in early trading, while the Hang Seng Tech Index rose 1.84%. The mainland’s CSI300 rose 0.3%.
CATL’s Hong Kong-listed shares rose 4.73% after the battery maker reported strong third-quarter results late Monday. of tesla The battery supplier’s net profit rose 41% to 18.5 billion yuan ($2.6 billion) in the July-September period.
Indian markets are closed for public holidays.
U.S. stock futures were little changed in early Asian trading ahead of a busy week of earnings announcements from major companies and inflation statistics.
Overnight, three major U.S. benchmarks rose on the strength of Apple’s stock after Loop Capital upgraded the stock from hold to buy.
The Dow Jones Industrial Average rose 515.97 points, or 1.12%, to close at 46,706.58. The S&P 500 index also rose 1.07% to settle at 6,735.13, and the Nasdaq Composite Index rose 1.37% to settle at 22,990.54.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
