economy
Asia markets mostly fall as fragile Middle East ceasefire tempers sentiment
Most Asia-Pacific markets traded lower Friday as an Israel-Lebanon ceasefire tempered risk appetite, even after Wall Street closed at fresh record highs.
TL;DR
- Asia-Pacific markets mostly fell Friday, diverging from Wall Street's record highs.
- An Israel-Lebanon ceasefire was announced, with potential for U.S.-Iran negotiations.
- Oil prices, including West Texas Intermediate and Brent crude, declined.
- Japan will establish a 600 billion yen investment window to support Asian energy supplies.
- Bank of Japan Governor Kazuo Ueda commented on monetary policy and real interest rates.
- Japan's Nikkei 225 and Topix experienced declines after hitting record highs.
- South Korea's Kospi slipped, while the Kosdaq rose.
- Australia's S&P/ASX 200 was marginally lower.
- Mainland China's CSI300 and Hong Kong's Hang Seng indices traded lower.
- Manycore Tech's shares tripled on its Hong Kong Exchange debut.
- India's Nifty 50 was higher.
- U.S. stock futures traded around the flatline after the S&P 500, Nasdaq, and Dow Jones Industrial Average closed at record highs on Thursday.