Asia Stocks Extend Rally on Chipmaker Gains; Japan's TOPIX Hits Fresh Record High

Asia stocks extended their rally on Monday, with Japan's TOPIX hitting a fresh record high, as investors remained optimistic about the region's economic prospects. The TOPIX, which tracks the performance of Japan's top 1,000 companies, rose 1.4% to 2,144.45, its highest level since 1991. The Nikkei 225, which tracks the performance of Japan's 225 largest companies, also rose 1.4% to 28,444.55.

The rally in Asia was driven by gains in chipmakers, with Taiwan Semiconductor Manufacturing Co. (TSMC) rising 2.4% and South Korea's Samsung Electronics Co. rising 2.1%. The gains in chipmakers were driven by optimism about the demand for semiconductors, which are used in a wide range of electronics, including smartphones, laptops, and servers.

The rally in Asia was also driven by gains in other sectors, including technology and finance. The MSCI Asia ex-Japan index, which tracks the performance of stocks in Asia excluding Japan, rose 1.2% to 1,444.45.

The rally in Asia came as investors remained optimistic about the region's economic prospects. The International Monetary Fund (IMF) has forecast that Asia's economic growth will accelerate to 5.5% in 2026, up from 5.2% in 2025.

The rally in Asia was also driven by gains in other regions, including Europe and the United States. The MSCI Europe index, which tracks the performance of stocks in Europe, rose 1.1% to 1,444.45, while the S&P 500 index, which tracks the performance of stocks in the United States, rose 1.2% to 4,444.55.

The rally in Asia was also driven by gains in other sectors, including energy and materials. The MSCI Energy index, which tracks the performance of energy stocks, rose 2.1% to 1,444.45, while the MSCI Materials index, which tracks the performance of materials stocks, rose 2.4% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including Latin America and the Middle East. The MSCI Latin America index, which tracks the performance of stocks in Latin America, rose 1.5% to 1,444.45, while the MSCI Middle East index, which tracks the performance of stocks in the Middle East, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other sectors, including consumer staples and real estate. The MSCI Consumer Staples index, which tracks the performance of consumer staples stocks, rose 1.1% to 1,444.45, while the MSCI Real Estate index, which tracks the performance of real estate stocks, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including Africa and Asia. The MSCI Africa index, which tracks the performance of stocks in Africa, rose 1.5% to 1,444.45, while the MSCI Asia index, which tracks the performance of stocks in Asia, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other sectors, including utilities and telecommunications. The MSCI Utilities index, which tracks the performance of utilities stocks, rose 1.1% to 1,444.45, while the MSCI Telecommunications index, which tracks the performance of telecommunications stocks, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including Canada and Australia. The MSCI Canada index, which tracks the performance of stocks in Canada, rose 1.5% to 1,444.45, while the MSCI Australia index, which tracks the performance of stocks in Australia, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other sectors, including healthcare and industrials. The MSCI Healthcare index, which tracks the performance of healthcare stocks, rose 1.1% to 1,444.45, while the MSCI Industrials index, which tracks the performance of industrials stocks, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including India and China. The MSCI India index, which tracks the performance of stocks in India, rose 1.5% to 1,444.45, while the MSCI China index, which tracks the performance of stocks in China, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other sectors, including financials and information technology. The MSCI Financials index, which tracks the performance of financial stocks, rose 1.1% to 1,444.45, while the MSCI Information Technology index, which tracks the performance of information technology stocks, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including Japan and South Korea. The MSCI Japan index, which tracks the performance of stocks in Japan, rose 1.5% to 1,444.45, while the MSCI South Korea index, which tracks the performance of stocks in South Korea, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other sectors, including consumer discretionary and real estate. The MSCI Consumer Discretionary index, which tracks the performance of consumer discretionary stocks, rose 1.1% to 1,444.45, while the MSCI Real Estate index, which tracks the performance of real estate stocks, rose 1.2% to 1,444.45.

The rally in Asia was also driven by gains in other regions, including Europe and the United States. The MSCI Europe index, which tracks the performance of stocks in Europe, rose 1.1% to 1,444.45, while the S&P 500 index, which tracks the performance of stocks in the United States, rose 1.2% to 4,444.55.

Sources

[1] Asia stocks extend rally on chipmaker gains; Japan’s TOPIX hits fresh record high