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GLOBAL MARKETS-Asia Shares Find Relief in Tech Resilience, Oil Off Peak

May 01, 2026, 08.55 AM
GLOBAL MARKETS-Asia Shares Find Relief in Tech Resilience, Oil Off Peak

ILUSTRASI. Nikkei edges up after Wall Street bounce

Source: ReutersEditor: Anna Suci Perwitasari

GLOBAL MARKET - SYDNEY. Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency.

Apple amplified the cheer by beating forecasts and providing an upbeat outlook for sales, though it did warn of chip supply constraints. Its shares rose 2.7% in extended trading, adding to gains of 10% in both Caterpillar and Alphabet as they beat expectations.

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