Asian Stock Market: Regional indices exhibit varied performance amid Middle East conflict

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Asian markets exhibit a mixed sentiment with a negative bias as the market is cautious of the war between Israel and Hamas that erupted over the weeke

Asian market showed mixed performance in the midst of the Israeli-Palestinian conflict. Australia’s S&P/ASX 200 extends gains due to the surging energy and gold equities. Hong Kong's stock market has canceled trading following the elevation of the typhoon warning. nd is likely to weigh on the market. At the time of writing, China's SSE Composite Index is down by 0.64% to 3,090, Shenzhen Component Index has declined to 10,034, up by 0.

The worry is that the conflict could intensify and extend to other parts of the region, introducing geopolitical uncertainties that might have repercussions on global markets. Following a week-long Golden Week holiday, Chinese markets are returning to activity. Investors are expected to closely monitor upcoming inflation readings and trade data releases from both China and India later this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market's report card one year since the bottom of the 2022 bear marketMike Santoli discusses where the market stands one year from the low of the 2022 bear market.
Source: CNBC - 🏆 12. / 72 Read more »

What America's political dysfunction means for the stock market and investorsWilliam Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.
Source: MarketWatch - 🏆 3. / 97 Read more »

Israel's Stock Market Falls 6.5% After Hamas AttackStocks in Israel weakened on Sunday, and Egypt's stock index fell 2.6%, as the Israeli government declared war on Hamas.
Source: MarketWatch - 🏆 3. / 97 Read more »

India’s Booming Stock Market Is Leaving China in the DustThe South Asian nation’s market has been a quiet outperformer for a decade. Now foreign investors are starting to pay attention.
Source: WSJ - 🏆 98. / 63 Read more »

Surging Treasury Yields Upend Stock Market's 'Bond Proxies'Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group of stocks expected to have bond-like qualities. The S&P 500 is down about 4% since the Federal Reserve's hawkish interest rate projections last month...
Source: NEWSMAX - 🏆 16. / 71 Read more »