Asian markets rebound on tech gains, Wall Street rally

PSX Update • Oct 16, 2026

Asian markets rebounded on Friday, recovering from the previous session’s sharp losses as technology stocks advanced and gains on Wall Street lifted investor sentiment.

October 16, 2026 (MLN): Asian markets rebounded on Friday, recovering from the previous session’s sharp losses as technology stocks advanced and gains on Wall Street lifted investor sentiment. Japan’s Nikkei 225 climbed more than 1%, while the broader Topix index rose 1.14%. In South Korea, the Kospi gained 1.22% at the open, while the small-cap Kosdaq advanced 1.28%. Australia’s S&P/ASX 200 traded 0.83% higher,...