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

Die Investoren in Asien führen den Trend der Wall Street vom Freitag fort. Hoffnungen auf eine andauernde Zinspause in den USA beflügeln die Anleger.

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

Low expectations for the US Federal Reserve to tighten monetary policy due to recent weak US labor market data fueled a surge in Asian stock markets on Monday. The Nikkei index in Japan surged 2% to 66,928 points, while the Topix broad index increased by 0.44% to 4,093. The South Korean benchmark index also rose by 1.1% by the end of trading. The MSCI index for Asian stocks, excluding Japan, experienced a 0.8% gain.

Technology and AI-related stocks in Tokyo benefited from the positive cues from US markets, as Daisuke Hashizume, chief strategist at Daiwa Securities, noted that gains in chip-related stocks supported the Nikkei. TSMC, a major chip manufacturer, attracted significant attention with a billion yen (6.32 billion dollars) investment in joint microchip production for image sensors, as reported by the Nikkei newspaper.

Advantest, a semiconductor equipment maker, and Tokyo Electron were among the biggest gainers, with Advantest rising 5.3% and Tokyo Electron gaining 3.4%. However, battery material producer Mitsui Kinzoku saw its shares drop by 17% following disappointing earnings. Chinese benchmark stocks closed 0.4% lower as disappointing inflation data highlighted the ongoing softening of domestic demand.

Geopolitical tensions in the Middle East also limited the rally in Asia, as uncertainty over the potential reopening of the Hormuz Strait damped risk appetite due to Iran's demands for further concessions from the US.

Japan's central bank added to the market volatility, warning about rising inflation risks and speculating that the monetary tightening might occur earlier than expected in September.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

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