Rises in Asian stock markets due to hope of a US-Iran agreement

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By TP

The stock markets in the Asia-Pacific region closed with increases this Tuesday, given the hope of a US-Iran agreement despite the blockade that Washington has imposed in the Strait of Hormuz. Some information suggests that both parties could meet again this Thursday to continue negotiations, after the failure of the first meeting held over the weekend in Islamabad (Pakistan). The index Kospi of South Korea closed with a rise of 2.74%, up to 5,967.75 points, while the Kosdaqa small cap, has advanced 2%, to 1,121.88 points. For his part, the Nikkei 225 of Japan has gained 2.43%, up to 57,877.39 points, and the Topix has risen 0.87%, to 3,755.27 points. In Australia, the index S&P/ASX 200 It ended the day with a rise of 0.5%, standing at 8,970.8 points. There, the business confidence figure was known, which fell in March weighed down by concern about the war in Iran, which has caused a global oil crisis, according to the survey by the National Australia Bank. The index CSI300 of mainland China has risen 0.59%, while the index Hang Seng Hong Kong has gained 0.60%. This Tuesday, China published its trade balance corresponding to March, and has disappointed with export growth (+2.5%), which has fallen to its lowest level in six months due to the impact of the Middle East conflict on the outlook for global demand. Imports, on the other hand, have skyrocketed by 27.8% compared to the same period of the previous year, which represents the highest growth in more than four years.

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