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Asian Markets Edge Up as Oil Prices Stay Near Multi-Week Lows

Asian equities saw modest gains at the open, with South Korea leading, while oil prices remained weak amid US-Iran diplomatic deadlock.

Asian Markets Edge Up as Oil Prices Stay Near Multi-Week Lows
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Asian equity markets opened with cautious gains on [day], tracking a broader uptrend across global exchanges. The MSCI Asia-Pacific ex-Japan index rose 0.1%, while South Korean stocks surged up to 2.1% on strong tech and export performance.

Japan's Nikkei 225 slipped 0.3% due to profit-taking and a firmer yen. U.S. futures pointed slightly higher, with S&P 500 e-minis up 0.1% in after-hours trading.

Crude oil prices continued to hover near multi-week lows, as traders remained unconcerned about supply disruptions amid the prolonged diplomatic standoff between Washington and Tehran.

Source: shafaqna.com

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