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Oct. 15, 2021, 12:12 a.m. EDT

Asian markets rise; chip maker TSMC rallies on outlook upgrade

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By Associated Press

Asian shares were higher Friday after technology companies powered the biggest gain on Wall Street since March.

All major regional indexes advanced, with Tokyo gaining 1.4%.

Taiwan shares /zigman2/quotes/210597977/delayed TW:Y9999 -0.05% jumped 2.2% on news that computer chip maker TSMC upgraded its profit outlook.

TSMC /zigman2/quotes/207385621/delayed TW:2330 -1.32% , the world’s biggest chip maker, climbed 4.4% after its CEO confirmed reports it plans to open a joint venture semiconductor fabrication plant in western Japan with Sony Corp. /zigman2/quotes/201361720/delayed JP:6758 -1.05% .

Tokyo’s Nikkei 225 /zigman2/quotes/210597971/delayed JP:NIK -0.36% added more than 400 points and the Hong Kong’s Hang Seng /zigman2/quotes/210598030/delayed HK:HSI -1.76% climbed 0.8%. In Seoul, the Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.17% advanced 0.9%.

The Shanghai Composite index /zigman2/quotes/210598127/delayed CN:SHCOMP -0.50% picked up 0.3%, while the S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.05% in Australia gained 0.5% to 7,340.70. Stocks slipped in Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX +0.13% but gained in Singapore /zigman2/quotes/210597985/delayed SG:STI +0.46% .

On Thursday, the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.17% jumped 1.7% to 4,438.26 as a wave of buying gained momentum from a day earlier, when the market broke a three-day losing streak.

The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.87% rose 1.6% to 34,912.56 and the tech-heavy Nasdaq /zigman2/quotes/210598365/realtime COMP +0.93% climbed 1.7% to 14,823.43.

Bond yields edged lower. The yield on the 10-year Treasury fell to 1.52% from 1.55% late Wednesday.

In other trading on Friday, U.S. benchmark crude oil gained 44 cents to $81.75 per barrel in electronic trading on the New York Mercantile Exchange. It surged 87 cents to $81.31 per barrel on Thursday.

Brent crude , the standard for international pricing, added 49 cents to $84.49 per barrel.

The U.S. dollar /zigman2/quotes/210561789/realtime/sampled USDJPY -0.0370% strengthened to 113.92 Japanese yen from 113.67 yen late Thursday.

/zigman2/quotes/210597977/delayed
TW : Taiwan Stock Exchange
17,688.21
-8.93 -0.05%
Volume: 0.00
Dec. 6, 2021 1:33p
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/zigman2/quotes/207385621/delayed
TW : Taiwan
NT$ 600.00
-8.00 -1.32%
Volume: 23.82M
Dec. 6, 2021 1:30p
P/E Ratio
27.15
Dividend Yield
1.79%
Market Cap
NT$15765.67 billion
Rev. per Employee
NT$23.57M
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/zigman2/quotes/201361720/delayed
JP : Japan: Tokyo
¥ 13,680.00
-145.00 -1.05%
Volume: 3.03M
Dec. 6, 2021 3:00p
P/E Ratio
18.94
Dividend Yield
0.44%
Market Cap
¥17146.97 billion
Rev. per Employee
¥83.01M
loading...
/zigman2/quotes/210597971/delayed
JP : Nikkei
27,927.37
-102.20 -0.36%
Volume: 0.00
Dec. 6, 2021 3:15p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
23,349.38
-417.31 -1.76%
Volume: 2.42M
Dec. 6, 2021 4:08p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,973.25
+4.92 +0.17%
Volume: 479,907
Dec. 6, 2021 3:30p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,589.31
-18.13 -0.50%
Volume: 41.87B
Dec. 6, 2021 3:01p
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,245.10
+3.90 +0.05%
Volume: 1,083
Dec. 7, 2021 9:34a
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/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
6,547.12
+8.61 +0.13%
Volume: 0.00
Dec. 6, 2021 3:00p
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/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,116.32
+14.39 +0.46%
Volume: 0.00
Dec. 6, 2021 5:20p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,591.67
+53.24 +1.17%
Volume: 2.58B
Dec. 6, 2021 5:09p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,227.03
+646.95 +1.87%
Volume: 418.75M
Dec. 6, 2021 5:09p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
15,225.15
+139.68 +0.93%
Volume: 4.45M
Dec. 6, 2021 5:16p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
113.4550
-0.0420 -0.0370%
Volume: 0.0000
Dec. 6, 2021 6:15p
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