Asian Share Markets / Asian markets rose sharply, Nikkei 225 jumped 2.2%

Asian Share Markets: Today, Asian stock markets are witnessing a tremendous boom. The biggest reason for this is the relief given by US President Donald Trump in tariffs on consumer electronics. The Trump administration has temporarily deferred the import duty imposed on smartphones, laptops, and other consumer electronic products. This news has given wings to the hopes of investors in Asian markets and the markets are witnessing widespread enthusiasm.

Japan's Nikkei 225 jumped, tremendous buying in technology stocks

Japan's major stock index Nikkei 225 today jumped 2.2% to reach the level of 34,325.59. At the same time, the Topix index also closed 2% higher at 2515.53. Among chip manufacturing companies, shares of Advantest Corp, Screen Holdings and TDK Corp saw a gain of more than 4%. This rise indicates that investors hope that the relief in US tariffs will increase the demand and exports of these companies.

Hong Kong and South Korea markets also excited

Apart from Japan, South Korea markets also benefited from this positive environment. Kospi index closed with a gain of 0.89% and Kosdaq 1.44%. Hong Kong's Hang Seng Index gained 2.15% or 449.19 points to reach 21,363.88. This performance was its strongest intraday performance in the last two weeks.

Effect of political equations too

Another big reason behind this market boom is a report by Politico. The report claims that Donald Trump is seriously involved in trade talks with strategic partners like China, Japan and South Korea. This news has come as a sign of reassurance for investors, which has restored confidence in the Asian markets.

Indian markets closed, will open on Tuesday

While other Asian markets are seeing movement, Indian stock markets are closed today. There is no trading in BSE and NSE on April 14 due to Ambedkar Jayanti. Investors will now be looking at the market trend on Tuesday, when India will respond to these global signals.