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FinanceAsian Stocks Rebound on Chip Recovery Led by Samsung Electronics and TSMC
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Asian stock markets rebounded on Tuesday, July 21, 2026, driven by a recovery in the semiconductor sector. The MSCI Asia-Pacific Index climbed 1.7%, with benchmark gauges in South Korea and Taiwan both gaining around 3%, led by chip giants Samsung Electronics and TSMC. Japan's Topix index rose 1.8%, while Australia's S&P/ASX 200 fell 0.1% and Hong Kong's Hang Seng declined 0.6%. The gains reflect renewed investor optimism in the chip industry, which had previously faced headwinds. The article, published by The Business Times Singapore, highlights the regional divergence with some markets lagging despite the overall positive trend.
Source report
Updated: Tue, Jul 21, 2026 · 11:50 AM
The MSCI Asia-Pacific Index climbed 1.7%, with benchmark gauges in South Korea and Taiwan both gaining around 3%.
Regional Market Performance
- Japan: Topix rose 1.8%
- Australia: S&P/ASX 200 fell 0.1%
- Hong Kong: Hang Seng fell 0.6%
The rebound was driven by a recovery in the semiconductor sector, with major chipmakers Samsung Electronics and TSMC leading the gains.
Source
The Business TimesRegional
Part of this Story
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