Taiex Closes Up 4.94% as Asian Stocks Rebound From Last Week's Tech Rout

Asian stock markets rebounded on Monday, November 9, 2026 (18 Aban 1405) after last week's sharp tech sell-off. According to Al Jazeera, Taiwan's Taiex closed up 4.94 percent, Tokyo's Nikkei 225 rose 2.33 percent and Sydney's S&P/ASX 200 edged up 0.099 percent. Seoul's Kospi fell 0.8 percent and Hong Kong's Hang Seng Index dipped 0.22 percent.

Al Jazeera wrote that the Democrats' sweeping victory in the US midterm elections led to a 2.5 trillion dollar sell-off on Wall Street on Thursday, amid concern that data-centre rollout for artificial intelligence could slow; on Friday the Nikkei 225 and Kospi had plunged about 6 percent and 9 percent. A J.P. Morgan Private Bank strategist in Hong Kong said AI demand remains strong and that part of these concerns is already reflected in prices.