JOHANNESBURG - Asian equities are broadly trading higher, fueled by strong earnings from major U.S. chipmakers like Micron and Qualcomm.
This positive sentiment has alleviated lingering concerns over the artificial intelligence rally, pushing major regional indices upward despite mixed or weaker cues from Wall Street.
The JSE All Share Index recently saw the JSE Top 40 index drop by roughly 1.62 percent and trade below the 101,500 level, while the broader All Share Index managed to stabilise or inch up slightly by 0.17 percent.
Zimele Mbanjwa from FNB Wealth and Investments unpacks the numbers.