Asia markets rally on U.S.-Iran peace deal

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MG News | June 15, 2026 at 09:12 AM GMT+05:00

June 15, 2026 (MLN): Asian markets advanced sharply on Monday as investors welcomed reports of a breakthrough agreement between the United States and Iran, easing concerns over geopolitical tensions in the Middle East and boosting risk appetite across regional markets.

Technology stocks led the gains, with major chipmakers and semiconductor-related companies posting strong advances.

In Japan, SoftBank emerged as one of the strongest performers, surging more than 12%, while Tokyo Electron and Advantest also recorded notable gains.

South Korea’s technology heavyweights Samsung Electronics and SK Hynix moved higher, supported by renewed investor confidence in the semiconductor sector., according to CNBC.

Taiwan’s technology sector also benefited from the positive sentiment, with Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn posting gains during the session.

The rally extended across the broader Asian technology space as investors continued to favor companies positioned to benefit from the ongoing artificial intelligence-driven growth cycle.

Market sentiment improved after reports indicated that Washington and Tehran had reached an agreement aimed at ending hostilities, raising hopes for greater stability in global energy markets.

Expectations that shipping routes and oil supplies could normalize further supported equities across the region.

While investors are rebalancing portfolios amid changing geopolitical conditions, enthusiasm surrounding artificial intelligence and technology-related investments remains a key driver for the sector.

The improved outlook helped lift broader Asian benchmarks, with markets across the region trading in positive territory.

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