
Asia‑Pacific markets rally on hopes of Hormuz reopening
Equities across the region rose on Friday as traders priced in a draft protocol between Iran and Oman that could reopen the Strait of Hormuz for oil shipments. U.S. WTI crude climbed to $112 per barrel and Brent hit $141, the highest level since 2008. South Korea's Kospi surged 2.7% while Japan's bond yields hit multi‑decade highs and China's CSI 300 slipped.
Japan's Nikkei 225 climbed 1.4% and South Korea's Kospi surged 2.7% after the S&P 500 erased a prior loss and closed modestly higher. The rally was driven by easing oil prices and fresh hopes that Iran will negotiate a traffic protocol for the Strait of Hormuz, lifting risk appetite across Asian markets.
Tata Steel has been served a Rs 1,755 crore (about $212 million) demand notice for alleged over‑mining in Jharkhand. The steelmaker plans to appeal the order as its shares tumble amid broader market weakness, highlighting regulatory risk for India's heavy‑industry sector.
The S&P/ASX 200 closed down 92.3 points, or 1.06%, at 8,579.5 on Thursday, erasing Wednesday’s gains after President Donald Trump warned of “very hard” strikes on Iran. Brent crude jumped about 5‑6% to $107 a barrel, driving a broad market...

The Indian equity market experienced heightened volatility on April 2, with the Nifty 50 dipping to an intraday low of 22,182.55 before closing modestly higher at 22,713.10. A sharp rise in crude‑oil prices and geopolitical tension in the Strait of...

Asian equities stayed under pressure as the Middle East conflict dampened optimism, though the Thai SET index nudged up 0.5% to 1,454 points, supported by net buying of roughly $126 million from brokerages. Oil price fears linger, with European policymakers warning...
Malaysian equities may experience a two‑quarter dip as geopolitical tensions, a weakening ringgit and delayed Federal Reserve rate cuts compress interest‑rate spreads, according to Hong Leong Investment Bank analysts. Despite this, earnings for the Kuala Lumpur Composite Index (KLCI) remain largely...
The VN‑Index on Ho Chi Minh City’s exchange closed at 1,702.93, up 28.44 points (1.7%) for a second straight day, breaking the 1,700‑point barrier. Gains were driven by strong performance from Vingroup‑related stocks and a surge in market liquidity to...
The BSE Sensex surged by 1,800 points and the NSE Nifty crossed the 22,700 mark, driven by strong buying in information‑technology and banking stocks. The rebound followed an earlier sell‑off triggered by geopolitical concerns and was amplified by short covering...
Japan's Nikkei 225 rose 1.4% and South Korea's Kospi surged 2.7% after the S&P 500 rebounded, spurring a broader Asian equity rally. Traders cited fresh diplomatic signals between Iran and Oman on Hormuz traffic and a softer dollar as the...
Indian equity markets recovered on Thursday, with the Nifty climbing 530 points from its intraday low to finish at 22,713.10 and the Sensex gaining 185 points. Technical analyst Sudeep Shah highlighted a pattern of short‑term pull‑backs followed by sharp rebounds,...

Asia-Pacific equity markets rose on Friday as hopes grew that Iran and Oman’s draft protocol could reopen the Strait of Hormuz for oil shipments. The prospect lifted crude prices, with U.S. WTI futures climbing to $112 per barrel and Brent...
Intense volatility in Indian equities has pushed the Nifty down about 14% from its 52‑week high, while the Nifty Midcap 150 slipped nearly 13% from its peak. Fourteen mid‑cap stocks, including Godfrey Phillips India and KPIT Technologies, have lost between...
Indian stocks slumped more than 2% on April 2, with the Sensex and Nifty each losing over 2% and total market capitalisation shedding about ₹10.45 lakh crore (≈$126 bn). The plunge was driven by heightened West‑Asia tensions, a record foreign‑institutional outflow and soaring oil...
Australian shares jumped 36 points (0.4%) to 8,707 in early Thursday trade, extending a three‑session rally fueled by U.S. market strength and optimism over a de‑escalation of the Middle East conflict. The rally lifted the ASX 200 about 2% for...
Nomura has downgraded Indian equities to Neutral from Overweight, warning that soaring energy costs, AI lag and a slowdown in domestic inflows could pressure valuations. The broker also flagged $61.2 bn of foreign outflows and suggested investors re‑allocate to Korean equities,...