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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 +0.58% jumped 2.2% on news that computer chip maker TSMC upgraded its profit outlook.

TSMC /zigman2/quotes/207385621/delayed TW:2330 +0.51% , 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 +0.55% .

Tokyo’s Nikkei 225 /zigman2/quotes/210597971/delayed JP:NIK -1.63% added more than 400 points and the Hong Kong’s Hang Seng /zigman2/quotes/210598030/delayed HK:HSI -1.58% climbed 0.8%. In Seoul, the Kospi /zigman2/quotes/210598069/delayed KR:180721 -2.42% advanced 0.9%.

The Shanghai Composite index /zigman2/quotes/210598127/delayed CN:SHCOMP +0.03% picked up 0.3%, while the S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.22% in Australia gained 0.5% to 7,340.70. Stocks slipped in Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX -1.13% but gained in Singapore /zigman2/quotes/210597985/delayed SG:STI -2.54% .

On Thursday, the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.90% 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 -1.86% rose 1.6% to 34,912.56 and the tech-heavy Nasdaq /zigman2/quotes/210598365/realtime COMP -1.55% 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 -0.4448% strengthened to 113.92 Japanese yen from 113.67 yen late Thursday.

/zigman2/quotes/210597977/delayed
TW : Taiwan Stock Exchange
17,427.76
+99.67 +0.58%
Volume: 0.00
Nov. 30, 2021 1:33p
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/zigman2/quotes/207385621/delayed
TW : Taiwan
NT$ 596.00
+3.00 +0.51%
Volume: 62.43M
Nov. 30, 2021 1:30p
P/E Ratio
26.97
Dividend Yield
1.80%
Market Cap
NT$15376.72 billion
Rev. per Employee
NT$23.57M
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/zigman2/quotes/201361720/delayed
JP : Japan: Tokyo
¥ 13,825.00
+75.00 +0.55%
Volume: 6.04M
Nov. 30, 2021 3:00p
P/E Ratio
19.14
Dividend Yield
0.43%
Market Cap
¥17053.95 billion
Rev. per Employee
¥83.01M
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/zigman2/quotes/210597971/delayed
JP : Nikkei
27,821.76
-462.16 -1.63%
Volume: 0.00
Nov. 30, 2021 3:15p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
23,475.26
-376.98 -1.58%
Volume: 3.34M
Nov. 30, 2021 4:08p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,839.01
-70.31 -2.42%
Volume: 983,556
Nov. 30, 2021 3:33p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,563.89
+1.19 +0.03%
Volume: 34.92B
Nov. 30, 2021 3:01p
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/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,256.00
+16.20 +0.22%
Volume: 2,910
Dec. 1, 2021 7:11a
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/zigman2/quotes/210597981/delayed
ID : Indonesia Stock Exchange
6,533.93
-74.36 -1.13%
Volume: 0.00
Nov. 30, 2021 3:00p
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/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,041.29
-79.29 -2.54%
Volume: 0.00
Nov. 30, 2021 5:20p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,567.01
-88.26 -1.90%
Volume: 3.88B
Nov. 30, 2021 4:05p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,483.72
-652.22 -1.86%
Volume: 638.59M
Nov. 30, 2021 4:05p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
15,537.69
-245.14 -1.55%
Volume: 5.72M
Nov. 30, 2021 4:05p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
113.0230
-0.5050 -0.4448%
Volume: 0.0000
Nov. 30, 2021 4:05p
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