Asia report: Shares mixed despite Wall Street surge

(Sharecast News) - Asian shares were mixed as investors looked for direction despite fresh record highs on Wall Street overnight after chip giant Nvidia said it would invest $100bn in OpenAI. Wall St markets hit fresh records as Nvidia announced it would make the investment in OpenAI's data centres. Volumes were thinner in the region with the Tokyo market closed for a national holiday. Australia's S&P/ASX 200 gained 0.4% to 8,845.90 on the back of soaring precious metals prices.

South Korea's Kospi added 0.6% to 3,488.23. Hong Kong's Hang Seng slipped 1.0% to 26,080.91and the Shanghai Composite fell 0.7% to 3,800.21 amid continuing worries over US tariffs.

India's Sensex rallied to register a 0.14% gain despite threats of a sharp increase in H-1B visa costs to $100,000 weighing on market sentiment.

Reporting by Frank Prenesti for Sharecast.com