Asian markets rise on US gains, ahead of Chinese legislative session

Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing’s annual growth target and other key policies will be announced.

Japan’s benchmark Nikkei 225 index surpassed the 40,000 mark for the first time, with analysts predicting it could advance even further, lifted by Wall Street rallies, robust corporate earnings and optimism over artificial intelligence.

In New York, the S&P 500 and the tech-rich Nasdaq ended Friday at all-time highs off continued momentum for AI-linked equities, especially chip-maker Nvidia, which finished with a valuation above $2 trillion for the first time.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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