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FinanceAsia stocks rebound, MSCI Asia-Pacific ex-Japan up 1.3%, S.Korea's Kospi gains 3%
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Asian stock markets rebounded on Friday, July 3, 2026, after two consecutive days of declines, driven by positive US jobs data and purchasing managers' index (PMI) readings. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.3%. South Korea's Kospi index swung between gains and losses but ultimately rose 3%, as buyers targeted battered chipmaker stocks. The positive sentiment followed strong US economic indicators that boosted investor confidence across the region. The article, published by The Business Times Singapore, highlights the regional market recovery amid improving global economic signals.
Source report
Asian Markets Find Footing as US Jobs Data, PMIs Lift Stocks
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.3% after two consecutive days of declines.
[SINGAPORE] — Asian markets recovered some ground on Friday, supported by encouraging U.S. jobs data and purchasing managers' index (PMI) readings that boosted investor sentiment.
Key highlights:
- MSCI Asia-Pacific ex-Japan index: Gained 1.3%, snapping a two-day losing streak.
- South Korea’s Kospi: Traded in a volatile session but was up 3% as buyers snapped up battered chipmaker stocks.
The positive momentum came as markets responded to improved economic indicators from the United States, helping to stabilize regional equities after recent losses.
Source
The Business TimesRegional
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