Skip to playerSkip to main content
  • 18 hours ago
Asian stock markets rallied sharply on Monday as investors reacted to hopes of a US-Iran ceasefire. Expectations of lower oil prices particularly boosted energy-importing economies, after crude prices rose sharply since the escalation of conflict in the Middle East in late February

Category

🗞
News
Transcript
00:00Asian stock markets leaped on Monday morning as investors reacted to a tentative peace deal between the U.S. and
00:07Iran.
00:07The Thai X Taiwan's benchmark stock index joined the rally, closing up at 2.78 percent on Monday.
00:14This is while Japan's Nikkei-led opening gains in Asia, jumping 5.5 percent.
00:20South Korea's Kaspi climbed 5.1 percent.
00:23Analysts say hopes for lower oil prices boosted sentiment in energy importing economies.
00:29Global oil prices have risen sharply since the start of the Middle East war in late February.
Comments

Recommended