
Oil, AI Outlooks Buoy Asian Stock Markets

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Asian stock markets experienced a rally on Thursday, driven by easing global crude prices and potential peace negotiations between Tehran and Washington. Major indices in Hong Kong, Shanghai, and Tokyo closed higher, with the Nikkei 225 rising 5.6% to 62,833.84. The Hang Seng Index gained 1.6%, supported by strong performances in property and tech sectors. Overall, the MSCI All Country Asia Pacific Index increased by 2.1%, reaching a new all-time high. However, the Thai Set declined by 0.6% and the Sensex in Mumbai was down 0.1%.

