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Speaker 1: Well, let's take a look at some stocks on the
Speaker 1: move today in Asia. I'm Stephen Carol with Karline Hepker
Speaker 1: and we're joined by our markets reporter Anthony Stevens. Anthony,
Speaker 1: good to talk to you. Technology shares on the rise
Speaker 1: in Asia again today? Which stocks are standing out for you?
Speaker 3: Yeah, just a little bit more kind of risk capitae
Speaker 3: coming back into the market. You know, after some of
Speaker 3: these headlines on the Iran wallfront, you saw sk Heinex
Speaker 3: up four point four percent and its subsidiary skse Square
Speaker 3: up eight percent to lead the way in Korea. But
Speaker 3: there's plenty of teams in Korea that are on fire,
Speaker 3: including the robotics team. As LGA Electronics travels to meet
Speaker 3: with Nvidia in the US, that space is up around
Speaker 3: seven to eight percent across LG name groups. In Taiwan,
Speaker 3: we have a much more vanilla tape. We have anything
Speaker 3: to do with AI servers up to almost close to
Speaker 3: limit up. So these names include ac UMC and UNI, Micron,
Speaker 3: in Japan, it's a different story. The rally has kind
Speaker 3: of broadened out to chip materials, so you have Ebiden
Speaker 3: up seven point eight percent and JX Advanced Materials up
Speaker 3: eleven point eight percent as well. So these are pretty
Speaker 3: strong moves within the context of indexes that are not
Speaker 3: up more than two percent.
Speaker 4: Okay, So that's text dogs. You've also been writing about
Speaker 4: the contrast there between Chinese markets when it comes to
Speaker 4: the AI trade versus the consumer economy in China. What
Speaker 4: have you picked out there?
Speaker 3: Yeah, China tech is becoming a tale of two stories.
Speaker 3: The hardware space is doing really well, and you have
Speaker 3: names you know up three to four percent like SMI,
Speaker 3: c Huahung, Montage. These are things that make the actual
Speaker 3: semis and the software names which are like you know,
Speaker 3: diversified ecosystem of super apps and consumers, consumer apps and
Speaker 3: so on, those things aren't doing so well. The names
Speaker 3: that you know really well like Ali Baba is down
Speaker 3: three percent, and also other consumer plays in the tech
Speaker 3: space like show me or Bid they are down three percent.
Speaker 3: But one thing I really do want to note is
Speaker 3: China has listed pre play AI names and these are
Speaker 3: absolutely screaming higher Jupu and Minimaxa up around sixteen percent today.
Speaker 1: Okay, so keeping an eye on that part of the
Speaker 1: market as well. You did mention though, of course, the
Speaker 1: developments in the US around talks. We do see oil
Speaker 1: prices a little bit lower in trade and today Brent
Speaker 1: below seventy nine dollars a barrel. Now how is that
Speaker 1: playing out in the agent session?
Speaker 3: Asian oil explorers are broadly mixed. I think that's because
Speaker 3: a lot of the downst has been priced already and
Speaker 3: now we are moving on to pricing new discoveries and
Speaker 3: corporate kind of actions. So for example, sinoc is up
Speaker 3: one percent, but Woodside is down one percent and ONGC
Speaker 3: in India is flat, So very mixed picture. There's not
Speaker 3: a lot of action in the island gas space in Asia.
Speaker 3: The next leg of the catalyst will be new explorations
Speaker 3: and new fields that they discover.
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