Asian markets firm as technology buying returns in holiday trade

Fidelity

Asian equities moved higher in a session defined by light volumes and a measured return to technology shares. With several regional exchanges closed for the Lunar New Year period, price action was concentrated in open markets, most notably in Japan, where the Nikkei 225 advanced as investors rotated back into semiconductor and AI related names.

Japanese technology stocks recovered ground following recent pressure linked to concerns about elevated artificial intelligence valuations. Tokyo Electron was among the notable gainers, reflecting continued investor willingness to back companies positioned within the chip equipment supply chain.

Elsewhere in the region, markets that remained open posted modest gains. Australia edged higher, supported by global technology cues, and India also recorded incremental advances.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Asian markets gain as oil falls and rate expectations shift

Asian markets gained as oil prices fell, while US jobs data and changing rate expectations became the next major market focus.

Asian stocks rise as Nvidia results reinforce AI chip demand

Asian stocks rose as Nvidia’s stronger results and guidance supported expectations for continued AI chip demand across the region’s semiconductor supply chain.

Asia Investment Trust (FAS) is up 5% in July as investors turn to value

Fidelity Asian Values plc delivered positive NAV and share price growth over the year to 31 July 2026, with the portfolio benefiting from strong stock selection in materials and consumer staples.

Asian shares climb as softer US data reshapes Fed rate outlook

Softer US data is reducing expectations for a near-term Fed rate rise, while Asian technology shares and higher oil prices shape the next phase of market positioning.

Watch Fidelity present investments in UK, Europe, Emerging Markets, Asia and China (video)

Fidelity Investment Companies Forum 2026 brings together leading Portfolio Managers to discuss global markets, investment opportunities, AI, valuations and long-term investing.

Asian markets gain momentum as rate expectations turn more supportive

Asian markets move higher as softer US rate expectations and resilient earnings create a more supportive backdrop for equities.

Search