Asia markets climb on Wall Street momentum, AI gains

November 06, 2025 (MLN): Asia markets climbed on Thursday, mirroring overnight gains on Wall Street as upbeat earnings from AMD boosted investor sentiment toward artificial intelligence (AI) stocks.

In Japan, the Nikkei 225 advanced 1.45%, while the Topix index added 1.11%, supported by strong performances from AI-related and semiconductor companies.

Advantest, a key supplier to Nvidia, gained 3.73%; Renesas Electronics rose over 4%; and chip equipment manufacturer Disco Corp jumped 4.59%.

In South Korea, the Kospi index trimmed earlier gains to trade near the flatline after a weak previous session, while SK Hynix another Nvidia supplier gained 3.11%. The Kosdaq, however, slipped 0.52%, reversing its earlier uptick.

Australia’s S&P/ASX 200 rose 0.28%, driven by modest advances in technology and financial stocks.

Meanwhile, Hong Kong’s Hang Seng Index added 0.72%, whereas China’s CSI 300 remained little changed in early trading.

Chinese autonomous vehicle startups WeRide and Pony.ai stumbled in their Hong Kong market debut, dropping over 12% and nearly 8%, respectively. Both firms are already listed in the U.S.

Pony.ai raised HK$6.7bn (approximately $860m) through its IPO, while WeRide secured HK$2.4bn, according to exchange filings.

In India, the Nifty 50 index edged up 0.1%, and the BSE Sensex climbed 0.29% in early trading, extending this week’s upward trend.

Elsewhere, U.S. stock futures were mostly steady in early Asian trading hours after the Supreme Court showed skepticism toward former President Donald Trump’s tariffs, and as AI-related shares rebounded following a valuation-driven selloff earlier in the week.

On Wall Street, the Dow Jones Industrial Average rose 225.76 points (0.48%) to 47,311.00, the S&P 500 gained 0.37% to 6,796.29, and the Nasdaq Composite advanced 0.65% to close at 23,499.80.

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