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Asian markets trade mostly higher in early deals on Wednesday

03 Jun 2026 Evaluate
Asian markets traded mostly higher in early deals on Wednesday, trivializing ongoing geopolitical jitters and spikes in global crude oil prices. Rally in financial and technological sector stocks buoyed the local indices. Nvidia's new AI chip debut and its expanded memory partnership with SK Group have ignited optimism, pointing to sustained momentum for the semiconductor industry in the region. Japan’s Nikkei skyrocketed to new all-time highs, amidst the positive global cues and on investor enthusiasm for new domestic stimulus. Stock market of south Korea is closed for Election Day.

Nikkei surged by 1,993.76 points or 2.99% to 68,728.00, Straits Times rose by 35.55 points 0.70% to 5,132.97, Taiwan weighted soared by 923.76 points or 2.03% to 46,481.07, Shanghai Composite up by 22.84 points or 0.56% to 4,097.94, and FTSE Bursa Malaysia KLCI index climbed by 6.91 points or 0.41% to 1,689.98.

On the flip side, Hang Seng tumbled by 446.32 points or 1.74% to 25,592.00, and Jakarta Composite down by 231.39 points or 3.73% to 5,964.04.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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