HONG KONG, Feb 27, 2026 (BSS/AFP) - Markets stuttered Friday as traders took their foot off the pedal at the end of a healthy week in Asia, where tech firms rallied on a reassessment of AI investments. That was highlighted this week by another Wall Street sell-off, despite Nvidia reporting quarterly profits more than doubled, projecting more strong growth for the coming period. "There are also concerns related to stretched valuations and Nvidia's dependence on capital spending by large technology companies investing in AI infrastructure. Hong Kong, Singapore and Wellington edged up, while Sydney and Shanghai shifted between gains and losses. But Seoul sank more than one percent, having chalked up gains of around 8.5 percent this week thanks to a surge in market heavyweights Samsung and SK hynix.
Source: Bangladesh Sangbad Sangstha February 27, 2026 04:53 UTC