06:06 AM EST, 11/20/2025 (MT Newswires) -- Asian stock markets closed mostly higher Thursday, as Nvidia's (NVDA) fiscal Q3 beat overnight drove optimism for global markets.

Nvidia late Wednesday logged fiscal Q3 results that surpassed Wall Street's estimates as the US chipmaking giant continued to benefit from rising demand for artificial intelligence.

In Japan, the Nikkei 225 rose 2.7%, or 1,286.24 points, to close at 49,823.94.

Top gainers on the Nikkei included Sumitomo Dainippon Pharma, with a roughly 11% jump, while Tokio Marine Holdings led the biggest losers of the day with a 7.9% decline.

In Hong Kong, the Hang Seng Index gained 4.92 points to finish the day at 25,835.57.

Meanwhile, the Shanghai Composite Index lost 0.4%, or 15.69 points, down to 3,931.05. The Shenzhen Component Index fell 0.8%, or by 99.27 points, to 12,980.82.

In regional news, the People's Bank of China kept its one-year loan prime rate at 3% and the five-year loan prime rate at 3.5%. Analysts polled by Reuters expected no change.

For other Asian markets, the Korea Composite Stock Price Index, or KOSPI, rose by 1.9%; Singapore's Straits Times Index closed 0.2% higher; Taiwan's TWSE advanced by 3.2%; and the Australian ASX 200 was up 1.2%.