Asia-Pacific equities were broadly mixed on Tuesday, with investor sentiment supported by a sharp rebound in U.S. tech shares and renewed expectations of a potential Federal Reserve rate cut in December.

The positive tone from Wall Street came after Alphabet surged more than 6% overnight, extending momentum sparked last week when the company unveiled its latest AI model, Gemini 3. The upbeat reaction spilled over into other AI-linked names such as Broadcom and Micron, fueling hopes that tech could continue leading market gains.

Japan: Mild Gains, Tech Outperforms

Japan’s Nikkei 225 edged up 0.15%, though the Topix slipped 0.1% after trimming earlier advances. AI and semiconductor-related stocks were among the strongest performers.

• Advantest rallied nearly 5%.
• Lasertec rose over 1%.
• Tokyo Electron, a major supplier for Nvidia chip production, gained more than 3%.

South Korea: Mixed Session

South Korea’s markets were also uneven.

• The Kospi ticked up 0.18%.
• The Kosdaq slipped 0.21% after an early push higher.
• Chip giants Samsung Electronics and SK Hynix managed modest advances, rising 2.38% and 0.1%.

Australia and Greater China: Mostly Positive

Australia's S&P/ASX 200 added 0.14% despite choppy intraday trading.

Hong Kong and mainland Chinese markets posted stronger gains:

• Hang Seng Index climbed 0.64%.
• Hang Seng Tech Index advanced 1.22%.
• CSI 300 in mainland China jumped 1.26%, extending its recent upward streak.

India: Muted Start

India opened on a quieter note, with the Nifty 50 little changed and the Sensex inching up 0.13% during early trade.

Disclaimer: The information contained herein (1) is proprietary to BCR and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by BCR or its content providers in respect of the investment in financial instruments. Neither BCR or its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.