Business
Nikkei and Hang Seng Fall While Kospi Gains
Major Asian stock indices closed on a mixed note as investors monitored geopolitical tensions and global market uncertainty following remarks by US President Donald Trump regarding Iran.
Most major Asian stock market indices ended with mixed performances on Monday as investors remained cautious amid renewed geopolitical tensions and global economic uncertainty.
In Hong Kong, the Hang Seng Index closed 1.1 per cent lower, while Japan’s Nikkei 225 declined by one per cent.
China’s Shanghai Composite Index also ended marginally lower, slipping 0.1 per cent.
On the other hand, South Korea’s Kospi gained 0.3 per cent, while Singapore’s Straits Times Index rose by more than 0.1 per cent.
Market analysts said investor sentiment remained cautious as traders assessed ongoing geopolitical developments, particularly in West Asia.
Attention also remained focused on remarks by US President Donald Trump, who warned Iran that “the clock is ticking,” further intensifying concerns over regional tensions.
Meanwhile, European markets traded mixed during early sessions.
The FTSE 100 in London was trading nearly 0.4 per cent higher, while Germany’s DAX gained 0.2 per cent.
France’s CAC 40, however, was down by over 0.6 per cent at the time reports last came in.
Global markets have recently been influenced by volatility in energy prices, geopolitical risks, inflation concerns, and uncertainty surrounding international trade and monetary policy outlooks.
