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FinanceAsian stocks rebound as Samsung Electronics, TSMC lead chip sector gains
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Asian stock markets rebounded on July 21, 2026, driven by a recovery in semiconductor stocks, with Samsung Electronics and TSMC leading gains. The MSCI Asia-Pacific Index rose 1.7%, while benchmark gauges in South Korea and Taiwan both gained approximately 3%. Japan's Topix index increased by 1.8%. However, not all markets participated in the rally, as Australia's S&P/ASX 200 fell 0.1% and Hong Kong's Hang Seng declined 0.6%. The rebound highlights the significant influence of the chip sector on regional market performance.
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 Samsung Electronics and TSMC leading gains across Asian markets.
Source
The Business TimesRegional
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