Key facts
- Asian stock markets experienced volatility on Thursday morning.
- Recent sharp declines prompted dip buying in Japan and South Korea.
- Investor sentiment was negatively impacted by U.S.-Iran tensions, inflation, and a chip sector sell-off.
Asian stock markets traded with volatility on Thursday morning, as recent steep declines prompted bargain hunting. The main indexes in Tokyo and Seoul had fallen sharply in the preceding days. Investor sentiment was pressured by escalating U.S.-Iran tensions, inflation concerns, and a sell-off in chip stocks, which weighed on overall market sentiment.