The main stock exchanges in Asia opened higher this Wednesday (April 8, 2026) after the announcement between the United States and Iran, which determines the opening of the Strait of Hormuz. Some indices soared by more than 5% just hours after the trade was confirmed.
The unblocking of the maritime route had a strong influence on Asian shares, as the continent’s main economies depend on the strait to meet their demand for oil. The commodity’s value also reacted immediately after the announcement, rising more than 13% and trading below US$100 for the first time in 9 days.
Read below how the main Asian stock markets reacted to the ceasefire:
- Shanghai (China): 1,93%;
- CSI 1000 (China): 3,39%;
- SZE Component (China): 3,74%;
- Hang Seng (Hong Kong): 2,42%;
- Nikkei 225 (Japan): 4.97%;
- Kospi (South Korea): 6.25%;
- IDX Composite (Indonesia): 2.77%;
- Nifty 50 (India): 3.16%.
NEGOTIATION FOR ORMUZ
The truce between the USA and Iran was announced on Tuesday (Apr 7) by the North American president, (Republican Party), on his profile on the social network Truth Social. The announcement was made less than two hours before the deadline.
According to Trump, the decision was made after talks with Pakistan. The measure would be conditional on the complete, immediate and safe opening of the Strait of Hormuz.
Iranian Foreign Minister Abbas Araghchi confirmed the temporary truce and said the strait will be open for safe passage for two weeks, as long as it is under the country’s military mediation.
The beginning of negotiations for a definitive end to the conflict is also part of the agreement. Iran will begin negotiations with US representatives in Islamabad, the capital of Pakistan, during the two-week truce.
