Asia-Pacific markets rose on Wednesday following a tech rally on Wall Street, driven by chipmaker Nvidia, with South Korean stocks leading the way. South Korean markets surged after opposition party leader Lee Jae-myung won the presidential election, with the Kospi index rising 2.43 per cent to its highest level since August last year and the Kosdaq gaining 1.39 per cent. In Japan, the Nikkei 225 benchmark index increased by 0.82 per cent, and the broader Topix index also saw a rise of 0.53 per cent. The CSI 300 index in Mainland China went up by 0.52 per cent, and Hong Kong's Hang Seng Index saw a gain of 0.72 per cent. Australia's S&P/ASX 200 increased by 0.77 per cent as the economy grew 1.3 per cent year-on-year in the first quarter of 2025, slightly below the 1.5 per cent forecasted by economists surveyed by Reuters. Meanwhile, India's Nifty 50 index rose by 0.15 per cent, and the BSE Sensex increased by 0.11 per cent during the same period. Attribution: CNBC Subediting: M. S. Salama
