Japanese and South Korean stocks diverged in Asian trading on 26 August, with South Korea's KOSPI breaking above 6,800 points and rebounding. Japan's Nikkei Stock Average, meanwhile, remained weak under pressure from the stronger yen.
Japanese and South Korean stocks diverged in Asian trading on 26 August, with South Korea's KOSPI trading above 6,800 points on the strength of semiconductor stocks.
The KOSPI maintained its gains after the open, while Samsung Electronics rose 1.07% to KRW 260,000 and SK Hynix gained 0.89% to KRW 1,693,000.
The Nikkei Stock Average fell after the open under pressure from the stronger yen, trading down 0.42% at 65,578.15 points. Leading stocks were mixed.
The market's focus was on Nvidia's earnings and U.S. Federal Reserve policy signals. Investors became more cautious, while developments in global semiconductor and technology stocks drew attention.