Wednesday, May 29, 2024

Stock markets fall in Asia after Iran’s attack on Israel


The leading stock exchanges in Asia fell from the start on Monday morning. Photo: Eugene Hoshiko / AP / NTB

Of NTB | 15.04.2024 04:14:20

Economy and business: On the Tokyo stock exchange, the Nikkei index opened with a fall of 1.22 percent in morning trading on Monday. The broader Topix index started the day down 1 percent.

– The Tokyo market is under pressure as tensions rise in the Middle East, says a market commentary from brokerage Monex.

The Hang Seng index on the Hong Kong stock exchange fell 1.4 percent when trading started on Monday morning.

Also on the two mainland Chinese stock exchanges, the arrows pointed downwards from the start, but the fall there was far less. The main index on the Shanghai stock exchange was down 0.19 percent and the main index on the Shenzhen stock exchange was down 0.23 percent in morning trading.

At the same time, the Iranian currency, the rijal, fell to its lowest level ever, measured against the US dollar, on Sunday, reports CNBC News, citing data from Bonbast, which analyzes exchange rates.

(© NTB)


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