Märkte Asien: Asiens Börsen im Aufwind – Geringere US-Zinssorgen treiben Tech-Werte

Asian stock markets rose on Monday as investors grew less concerned about potential interest rate hikes from the US Federal Reserve. Earlier weak US labor market data had tempered expectations of a quicker tightening of monetary policy by the Fed. Uncertainty over the situation in the Middle East, after Iran demanded further concessions from the US in a nuclear deal, limited the upside potential.

The Japanese Nikkei index gained two percent to 67,064 points, while the broader Topix rose about half a percent to 4,100. South Korea's technology-heavy Kospi index also rose half a percent to 6,300 points. In Tokyo, technology and AI stocks benefited from positive cues from US markets. "Gains in chip stocks buoyed the Nikkei," said Daisuke Hashizume, Chief Strategist at Daiwa Securities.

Chip suppliers Advantest and Tokyo Electron rose about 6.5 and four percent respectively. The Nikkei report drew attention to a statement by Sony and Taiwan's contract chip maker TSMC, which said they plan to invest a billion yen (6.32 billion dollars) in joint production of microchips for image sensors. Shares rose about one and a half percent.

Chinese benchmark stocks fell half a percent against the regional trend, after surprisingly weak inflation data highlighted the persistence of muted domestic demand. "Even with the global oil price shock and the global AI boom, China's core inflation remains stubbornly low," wrote Nomura analysts, attributing it to continued downward pressure from the collapsing housing market.