HighPositive
Announced Wed, 22 Jul · 07:24 IST
Asian stocks today: Kospi, Nikkei jump up to 6% led by rally in semiconductor stocks
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Asian markets advanced for a second straight session led by gains in semiconductor stocks, with South Korea's Kospi surging around 6% and the Kosdaq rising 2%, while Japan's Nikkei 225 added 0.34%. Brent crude climbed 0.6% to $91.55 per barrel after renewed West Asia tensions, with the US dollar index hovering near a one-week high at 101.20. Investors are eyeing central bank meetings next week, with the Fed widely expected to hold rates steady, though markets are pricing in a potential 25-basis-point hike by December.