desk
Share
News Topical, Digital Desk : According to news agency Reuters, Asia-Pacific stock markets saw a strong surge on Monday, when the US and China announced a 115 percent tariff cut and a temporary trade of 90 days. Apart from this, the ceasefire agreement between India and Pakistan also gave stability to the market, due to which Indian stock markets also made a big jump. At the same time, a big boom has also been seen in the Chinese markets.
This shows that both sides have accepted that tariffs will harm global growth and negotiations are a better option. He also said that in the next few weeks investors will see whether China relaxes any restrictions on rare-earth exports.
| Country | key index | Gain (%) |
|---|---|---|
| Hong Kong | Hang Seng | +2.98% → 23,549.46 |
| Hang Seng Tech | +5.16% → 5,447.35 (highest level since March 27) | |
| China | CSI 300 | +1.16% → 3,890.60 |
| India | Nifty 50 | +3.49% |
| BSE Sensex | +3.38% | |
| Japan | Nikkei 225 | +0.38% → 37,644.26 |
| Topix | +0.31% | |
| South Korea | Kospi | +1.17% → 2,607.33 |
| Kosdaq | +0.4% → 725.40 | |
| Australia | S&P/ASX 200 | Flat → 8,233.50 |
A ceasefire was announced over the weekend after the most serious conflict between India and Pakistan. This development reduced geopolitical uncertainty in the Indian market, and investors bought large-cap and defensive stocks.
Status of US markets On Friday, Wall Street closed in the red Dow Jones: -0.29% → 41,249.38 S&P 500: -0.07% → 5,659.91 Nasdaq Composite: Minor change → 17,928.92 But futures jumped on Monday as sentiment improved after details of the trade deal emerged. What to watch next - Vontobel strategist Jean-Louis Nakamura warned that if domestic demand in the US and exports from China appear weak, then there could be heavy volatility in the markets again.
Read More: Nazara Technologies stock has been on a bullish trend for 5 days! Prices double in 2 years
--Advertisement--
