Asian markets traded mixed on Monday, with Japan’s benchmark index scaling fresh highs, as investors balanced strong cues from Wall Street against rising oil prices and geopolitical uncertainty.
Japan’s Nikkei 225 surged 1.4% to 60,564.18, hitting a new intraday record, while South Korea’s Kospi jumped 2.1%.
Taiwan’s Taiex also rallied 2.6%, supported by renewed buying in technology stocks driven by the artificial intelligence boom.
Elsewhere, markets showed a more cautious tone. Hong Kong’s Hang Seng index slipped 0.1%, China’s Shanghai Composite edged up 0.2%, and Australia’s S&P/ASX 200 fell 0.3%.