In today’s trading session. Asian markets climbed following another day of advances on Wall Street led by technology stocks, while Hong Kong’s main index showed signs of weakness.

Tokyo’s Nikkei 225 surged by 1.6% closing at 38,835.10 after being closed yesterday due to the holiday. This increase was driven by semiconductor firms such as Tokyo Electron, which saw a 4.8% increase in its closing price, and Advantest, which gained 2.2%.

The best performance on the Nikkei 225 during the session included Rakuten Inc., which climbed 6.04%, closing at 797.60. In addition, Nomura Holdings Inc., saw an increase of 5.86%, closing at 927.80, while Fujikura Ltd., went up by 5.74%, closing at 2,939.00 in late trading.

Nikkei’s worst performance in today’s session includes Sumitomo Dainippon Pharma Co Ltd, which dropped by 3.49% closing at 360.00. Daiichi Sanyo Co. Ltd. also went down by 3.24% closing at 5,324.00 and Sony Corp slid down by 2.9% closing at 12,680.

South Korea’s Kospi also showed a significant daily increase over six weeks following a robust performance on Wall Street overnight. Traders were also optimistic about the possibility of the US Federal Reserve initiating interest rate cuts this year. While the Korean Won strengthened, its benchmark bond yield dropped. Kospi went up by 2.16%, closing at 2,734.34 marking its highest daily gain since March 21.
Among Kospi’s best performers was Samsung Electronics, which increased by 4.7%, while its counterpart SK Hynix experienced a gain of 3.7%. Additionally, LG Energy Solution recorded a modest climb of 0.1%

Meanwhile, the Hang Seng index declined by 0.5% closing at 18,779.37. However, the Shanghai Composite Index rebounded from its initial losses, increasing by 0.2% closing at 3,147.74.

In Australia, the S&P.ASX 200 also increased by 1.4% closing at 7,793.30 after the central bank decided to keep interest rates at 4.35%