Asian Markets Rise, But What's Behind This Breeze? Asian markets have been on the upswing following Wall Street's overnight rally. The S&P/ASX 200 added 0. 2% to 8,748. 20, while South Korea's Kospi jumped 1.
6% to 7,120. 25 and Hong Kong's Hang Seng gained nearly 0. 6% to 25,185. 26. Japan's markets were closed for an extended holiday, resuming trading on Thursday.
These gains are largely a reflection of the positive mood following Wall Street's rally, rather than any fundamental change in the market.