05:37 AM EST, 11/10/2026 (MT Newswires) -- Asian stock markets rallied on Tuesday, following large tech-driven overnight gains on Wall Street, and as global crude prices extended declines.
Hong Kong, Shanghai and Tokyo finished in the green, as did other regional exchanges. Trading floors in Mumbai were dark on holiday.
Brent crude futures fell 2.3% to $90.45, during Asian market hours.
In Japan, the Nikkei 225 opened higher and rose to the close, finishing up 2.9% as traders joined the global risk-on mood for AI- and semiconductor-related shares, and digested the earnings season.
The benchmark Nikkei 225 rose 1,684.08 to 60,459.58, as gaining issues outnumbered losers 160 to 64.
Leading the upside was Kokusai Electric, up 14.4%, while Taiheiyo Cement declined 12.3%, with both moves following earnings reports.
Tech-financier SoftBank shares rose 13.8% on the day.
In economic news, household spending in Japan dropped 6.8% on year in September, and by 2.8% from August, reported the Ministry of Internal Affairs & Communications.
Bank lending in Japan grew by 5.2% on-year in October, reported the Bank of Japan.
In Hong Kong, the Hang Seng Index opened higher and held ground, finishing up 0.4% on strength in tech issues.
The broad gauge Hang Seng rose 108.09 to 24,557.04, as gaining issues outnumbered losers 67 to 24. The Hang Seng TECH Index gained 1.1% on the day, while the Mainland Properties Index fell 0.1%.
Leading the upside was smartphone-components maker Sunny Optical Technology, gaining 5.8%, while Aluminum Corporation of China declined 4.9%.
On the mainland, the Shanghai Composite rose 0.1% to 3,663.72.
In economic news, mainland China exports in October rose 35.2% on year, while imports rose 41.6%, reported the Customs Administration.
On the other regional exchanges, the S. Korean KOSPI rose 4.4%; the Taiwan TWSE inclined 2.5%; the Australian ASX 200 inclined 1.1%; the Singapore Straits Times Index rose 1.5%, and the Thai Set inclined 1.6%.
The MSCI All Country Asia Pacific Index rose 1.9% on the day.
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