Japan’s Nikkei Gains 1.08%
Tokyo, 28 Oct 2026 (ONA) — Japan’s
Nikkei share average climbed today, extending its winning streak to a second
session as strong earnings from South Korean chipmaker SK Hynix reinforced
optimism over demand for artificial intelligence-related chips.
The Nikkei 225 rose 1.08% to
close at 63,954.19, supported by technology stocks, while the broader Topix
index slipped 0.14% to 3,991.71.
Investor sentiment was buoyed by
SK Hynix’s announcement that its third-quarter operating profit had surged more
than sevenfold year-on-year to a record 83.33 trillion won. The company also
outlined a shareholder-return plan worth about 100 trillion won ($75 billion)
for 2026, including dividends and share repurchases. The news helped drive
South Korea’s Kospi up 6.63%.
— Ends/AH
