Market news for June 25, 2026: Asian equities soared as chipmakers, buoyed by strong forecasts from Micron and Qualcomm, added $400 billion in market cap, reigniting the AI rally. Concurrently, oil prices retreated following a US-Iran ceasefire, while gold fell below the $4,000 psychological threshold.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

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AI rally re-ignited: Chip giants add $400B in market cap as Asian stocks soar

BT Market Focus

AI rally re-ignited: Chip giants add $400B in market cap as Asian stocks soar