Asian stock markets closed mostly higher this Friday (6), recovering at the end of the trading session, while investors closely follow the developments of the war in the Middle East and its effects on oil prices.
Leading the gains in the region, the advanced 1.72% in Hong Kong, while the Japanese Nikkei rose 0.62% in Tokyo, to 55,620.84 points, and the South Korean Kospi rose marginally 0.02% in Seoul, to 5,584.87 points.
In mainland China, the Shanghai Composite rose 0.38% to 4,124.19 points, and the less comprehensive Shenzhen Composite advanced 0.95% to 2,698.32 points.
As an exception, Taiex fell 0.22% in Taiwan, to 33,599.54 points.
The focus remains on the conflict between the United States and Israel, which entered its seventh day and shook markets throughout the week. Washington’s authorization for India to buy Russian oil for up to 30 days came to contain the commodity’s upward momentum this morning.
The annual meeting of the Chinese Legislature is also on the radar.
. In 2025, the Asian giant met its target of growing “around 5%” thanks to the resilience of exports, amid the tariff dispute with the United States.
In Oceania, the Australian stock market countered the positive bias in Asia, and the S&P/ASX 200 fell 1% in Sydney, to 8,851.00 points.
