Nikkei 225, Kospi, Hang Seng Index
Aerial view of city skyline in downtown Seoul, vehicle on highway and bridge crossing over Han river in Seoul, South Korea.
Mongkol Chuewong | An | Getty Images
Asia-Pacific markets were mostly higher on Monday as investors ignored renewed diplomatic disruptions between the United States and Iran, even as rising tensions in the Middle East kept oil prices high.
of japan Nikkei 225 While it reached a record level with an increase of 0.53%, South Korea’s Kospi also reached a record level with an increase of 1%.
in Australia, S&P/ASX 200 It fell by 0.54%.
Sentiment remained despite US President Donald Trump on Saturday abandoning plans to send US envoys Steve Witkoff and Jared Kushner to Islamabad, Pakistan, for talks with Iran.
“So much time wasted traveling, so much work! And there is tremendous infighting and confusion within the ‘leaderships,'” Trump wrote in a post on Truth Social.
Oil prices rose nearly 2 percent after plans for a second round of peace talks between the United States and Iran resurfaced.
International comparison Brent Oil futures rose more than 2% to $107.49 per barrel as of 19:35 ET. US crude oil It also rose 1.79% to $96.19.
Tensions remain high in the Strait of Hormuz after Iran’s Revolutionary Guard boarded two cargo ships near the strategic sea strip.
Hong Kong Hang Seng index Futures were at 26,041 compared to the index’s last close of 25,978.07.
US futures are down Dow Jones Industrial Average futures A decrease of 0.2% or 130 points. S&P 500 futures lost 0.3 percent Nasdaq 100 futures fell 0.3 percent.
Last Friday in the USA S&P 500 And Nasdaq Composite closed at record levels. While the broad market index closed at 7,165.08 points with a 0.8% increase, the technology-heavy Nasdaq increased by 1.63% and settled at 24,836.60 points. Both indices reached all-time highs during the day. However, Dow Jones Industrial Average It ended at 49,230.71, down 79.61 points or 0.16%.
— CNBC’s Sean Conlon and Lisa Kailai Han contributed to this report.
