Asian Shares Surge as Tech Sentiment Improves, Oil Retreats; South Korea's Kospi Jumps 3.4%

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5 August 2026 at 11:54 am

Asian Shares Surge as Tech Sentiment Improves, Oil Retreats; South Korea's Kospi Jumps 3.4%

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Summary

Asian shares surged, with Japan's Nikkei climbing 3.0% and South Korea's Kospi jumping 3.4%, as tech sentiment improved and oil prices retreated. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5%.

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Asian Shares Surge as Tech Sentiment Improves, Oil Retreats; South Korea's Kospi Jumps 3.4% | HyperFast News