Tech Gains Offset by Japan, Interest Rate Concerns

Global markets saw mixed movements today as investors weighed gains in technology stocks against political uncertainty in Japan and broader concerns over interest rates.

While Paris and Frankfurt closed higher, Seoul’s Kospi rallied more than 1%, driven by a 6% surge in Samsung Electronics. The tech giant’s shares jumped on growing optimism around its AI chips and memory business, helping lift sentiment in the South Korean market.

Mumbai and Jakarta also posted gains, extending their recent positive streak. In currency markets, the Japanese yen rose against the US dollar following a surprise political shake-up in Tokyo.

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