HONG KONG (AP) — Asian stocks mostly advanced Friday, helped by buying of technology-related shares, while oil prices slipped as traders watched for developments in the Iran war.
U.S. futures were mixed.
Tensions between Iran and the U.S. escalated this week after President Donald Trump said the Iran war ceasefire agreement was “over” and as the United States and Iran exchanged attacks.
South Korea’s Kospi gained 2.5% to 7,475.94, recovering some of its losses from earlier in the week. Shares in memory chipmaker SK Hynix, whose debut on the Nasdaq in New York is set for Friday, fell 0.3% in Seoul.
Tokyo’s Nikkei 225 rose 1.2% to 68,557.73. SoftBank Group, a key investor in OpenAI, jumped 10.7%, while chip equipment maker Tokyo Electron added 2.7%.
Hong Kong’s Hang Seng traded 0.5% higher at 24,156.29 and the Shanghai Composite index erased earlier losses to fall 1% to…