SK Hynix made a strong start on the Nasdaq, providing a significant boost to sentiment across Asian equity markets.

The South Korean memory chipmaker's listing was a key driver behind broad gains in the region, with South Korea's Kospi leading the advance.

Investors responded positively to the landmark capital raise, viewing the move as a validation of the company's position in the artificial intelligence supply chain.

In Europe, the picture was more mixed.

ArcelorMittal shares fell, acting as a drag on the AEX index.

The steelmaker's underperformance contrasted with the tech-driven optimism seen in Asia, highlighting divergent sector dynamics within European equities.