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[MARKET UPDATE] Asia-Pac stocks begin higher following the positive handover from US and with South Korea outperforming amid tech strength on return from the Lunar New Year holidays

Newsquawk Staff ·

Asia-Pac stocks begin higher following the positive handover from US and with South Korea outperforming amid tech strength on return from the Lunar New Year holidays.

What it means

Asia-Pacific stocks are opening higher, buoyed by a positive performance in the US markets, indicating strong sentiment. South Korea is leading the gains, particularly in the tech sector, which may reflect pent-up demand following the Lunar New Year holidays. This could suggest that renewed investor confidence and sector-specific strength are fostering a favorable trading environment, warranting close monitoring for potential follow-through in other regions.

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