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FinanceAsian stocks rebound: MSCI Asia-Pacific ex-Japan up 2.2%, S.Korea's Kospi surges over 6%
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Asian stock markets rebounded on July 3, 2026, after two consecutive days of declines, driven by positive US jobs data and purchasing managers' index (PMI) figures. MSCI's broadest index of Asia-Pacific shares outside Japan rose 2.2%. South Korea's Kospi surged over 6% as buyers snapped up battered chipmaker stocks, while Japan's Nikkei 225 reversed early losses. The recovery reflects improved investor sentiment following strong US economic indicators that eased recession fears and boosted confidence in global growth prospects.
Source report
MSCI’s broadest index of Asia-Pacific shares outside Japan rises 2.2% after two consecutive days of declines
Published: Fri, Jul 3, 2026 · 09:33 AM Updated: Fri, Jul 3, 2026 · 03:38 PM
Asian markets rebounded on Friday, buoyed by encouraging US jobs data and purchasing managers' index (PMI) readings that lifted investor sentiment.
- MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 2.2%, snapping a two-day losing streak.
- South Korea’s Kospi surged over 6%, driven by bargain hunting in battered chipmaker stocks.
- Japan’s Nikkei 225 reversed early losses, though specific closing figures were not detailed in the report.
The recovery comes after a period of decline, with market participants responding positively to the latest economic indicators from the United States.
Source
The Business TimesRegional
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