Asian Stock Markets Rebound Led by Gains in South Korea and Japan
Major Asian equity benchmarks rebounded, led by South Korea's Kospi snapping a seven-day losing streak.
Major Asian stock indexes rebounded and posted gains, financial website Calcalist and newspaper The Sunday Guardian reported.
In South Korea, equities rose sharply following a seven-day losing streak. According to The Sunday Guardian, the benchmark Kospi index climbed by nearly 3%, while Calcalist reported an increase of 3.6%. Concurrently, the Kosdaq index surged by 3.18%.
In Japan, markets also trended upward, with the Nikkei index rising by 1.8%, according to Calcalist. Further details regarding trading volumes have not yet been released.
Sources: calcalist, The Sunday Guardian
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