Categories: World

Emerging Markets Rally as Chip Stocks Surge on Iran Deal Hopes; Indonesian Shares and Rupiah Head for Weekly Gains

Emerging market assets advanced as optimism over a potential U.S.-Iran agreement boosted investor sentiment and fueled a rally in semiconductor stocks. Chipmakers led gains across Asian markets, while Indonesia's stock market and the rupiah moved toward weekly gains amid improving risk appetite. Easing geopolitical tensions also pushed oil prices lower, encouraging investors to shift back into equities and other risk-sensitive assets.

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TDG Syndication
Last Updated: June 12, 2026 10:36:00 IST
Emerging Markets Rally as Chip Stocks Surge on Iran Deal Hopes; Indonesian Shares and Rupiah Head for Weekly Gains

(.) * South Korea’s KOSPI surges 8.5%, Taiwan stocks up 2.4% * Jakarta stocks resume rally, up 2.7% * Won, ringgit, rupiah, and rupee strengthen * Rupiah set for first weekly gains in nearly 3 months (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

TDG Syndication
Published by TDG Syndication
Last Updated: June 12, 2026 10:36:00 IST