Asian Markets Rally Strongly on April 10 Amid Global Tech Optimism
Key Highlights:
Global sentiment turned sharply positive today as Asian markets opened higher, mirroring the Nasdaq’s massive 12.16% rally on Tuesday. Investors across the Asia-Pacific region responded with strong buying interest, particularly in technology, semiconductor, and energy stocks.
Snapshot of Major Asian Indices – 10 April 2025
| Index | Current Value | Gain (%) | Change (Pts) |
|---|---|---|---|
| TAIEX (Taiwan) | 19,016.47 | +9.34% | +1,624.71 |
| KOSPI (Korea) | 2,396.85 | +4.50% | +103.15 |
| ASX 200 (Australia) | 7,833.30 | +6.21% | +458.30 |
| Nikkei 225 (Japan) | 32,324.69 | +1.93% | +610.66 |
| Hang Seng (Hong Kong) | 20,264.49 | +0.68% | +136.81 |
| SSE Composite (China) | 3,227.84 | +1.29% | +41.03 |
| SZSE Component (China) | 9,757.98 | +2.29% | +218.09 |
| GIFT Nifty (India) | 23,246.00 | +3.38% | +759.00 |
Top Performers: Tech and Semiconductors Lead the Charge
Much of the strength today came from the technology and chip sectors, which rebounded after weeks of consolidation. The Nasdaq’s record gain had a ripple effect on Asian counterparts, with TSMC, Samsung Electronics, and MediaTek leading the charge in Taiwan and Korea.
In China, shares of AI, EV, and green energy firms surged, boosting both the SSE and SZSE indices.
Market-Wise Performance Breakdown Of Asian Markets
TAIEX (Taiwan Capitalization Weighted Index)
- Surged 9.34% to 19,016.47 in early trade
- Rebounded from a 5.79% crash yesterday
- Powered by semiconductor and AI chipmakers
KOSPI (Korea Composite Stock Price Index)
- Rose 4.50% to 2,396.85
- Led by Samsung, SK Hynix, and financial stocks
- Positive outlook on exports boosted sentiment
ASX 200 (Australia)
- Gained 6.21%, closing at 7,833.30
- Strong commodity prices and banking stocks lifted the index
- Reflects recovery optimism amid easing inflation fears
Nikkei 225 (Japan)
- Recovered 1.93% after a sharp 3.93% drop the previous day
- Backed by tech and export-heavy stocks
- Traders see potential BoJ stimulus to support equities
Hang Seng Index (Hong Kong)
- Rose 0.68%, closing at 20,264.49
- Mainland-linked tech stocks saw modest gains
- Liquidity support and foreign inflows kept sentiment steady
SSE Composite Index (China)
- Advanced 1.29% to 3,227.84
- Buying in infrastructure and healthcare supported gains
- Expectation of PBoC easing helped lift morale
SZSE Component Index (Shenzhen)
- Up 2.29% to 9,757.98
- AI, renewable energy, and chip design stocks saw heavy buying
- Index continued its breakout momentum from yesterday
GIFT Nifty 50 Index Futures
- Surged 3.38% to 23,246.00
- Despite Indian markets being shut for Mahavir Jayanti, global sentiment reflected in this offshore indicator for Indian equities
- Indicates a strong gap-up opening for NSE and BSE on April 11
Key Drivers Behind the Asian Rally
- Nasdaq’s 12.16% Rally: Global benchmark set the tone for tech rebound
- Easing Inflation Data: Recent inflation prints from the U.S. and Korea show cooling pressures
- Rate Cut Bets: Expectations for global central bank rate cuts are rising
- Stronger Export Forecasts: Regional data shows a rebound in trade outlook for Q2 2025
- Liquidity Optimism in China: Hopes of more PBoC easing continue to drive sentiment
Asia Leads the Global Market Comeback on April 10
Asian markets today surged across the board, sending a strong signal of global investor confidence. With tech, finance, and energy stocks in demand, today’s rally marks a potential turning point in 2025’s market narrative.
All eyes are now on whether this rally sustains through Europe’s open and how U.S. inflation data later tonight might impact momentum.
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