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Asia Markets: Asian markets rise, driven by tech-stock gains

Technology shares across the Asia-Pacific rose, tracking overnight strength in U.S. tech companies and boosting the region’s equities markets early Tuesday.

Taiwan’s Taiex index Y9999, +1.22% closed up 1.2%, with iPhone lens maker Largan Precision 3008, +3.83% surging 3.8% and fellow Apple suppliers Hon Hai Precision 2317, +2.60% and Taiwan Semiconductor 2330, +2.91% gaining 2.6% and 2.9%, respectively. The three stocks make up 26.5% of the benchmark’s weighting, and the gains come as U.S. tech stocks sent the Nasdaq Composite higher for a second straight session on Monday.

In Japan, index heavyweight and tech investor SoftBank 9984, +1.99% gained 2%, while messaging giant Line 3938, +1.43% rose 1.4%.

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