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Asian markets look unfazed by Middle East tensions: Sensex soars 677 points

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June 16, 2025
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Asian markets look unfazed by Middle East tensions: Sensex soars 677 points
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Asian markets showed resilience on Monday amid rising geopolitical risks following the recent Israel-Iran conflict. 

The tensions in the Middle East, which entered their fourth day on Monday, intensified uncertainties for investors, and the impact is visible in higher oil prices. 

Over the weekend, Brent crude closed 7.02% higher at $74.23 a barrel while West Texas Intermediate (WTI) crude settled at $72.98, an increase of 7.26%.

Asian markets showcase confidence

Asian markets started the trading week on an optimistic note, showcasing confidence in the fundamentals of the economies and the buoyant technology sector. 

Japan’s Nikkei 225 marked a gain of 1.26% from the previous session with 38,311.33 as the closing price on June 16, 2025.

Advantest Corp was among the biggest gainers on Monday as it rose 9.63% to 9,323, while Tokyo Electric Power jumped 4.66% to end at 424.70. 

A weaker yen also pushed up the sentiments in Japan as it supports export-driven companies.

The traders, however, remained cautious about the global developments as US President Donald Trump remained ambiguous about the tariffs and trade deals. 

Hong Kong’s Hang Seng rose 0.7% and closed at 24,061 amid optimism around the property sector after some regulatory relaxations. 

Guangzhou R&F Properties jumped 3.1% after reporting stronger sales last month, while China Resources Land gained 4.4% on Monday as investor sentiment improved toward Chinese property developers.

KOSPI posts solid gains amid China’s uncertainty 

South Korea’s KOSPI index also posted solid gains on Monday as the index jumped 1.80% to close at 2,946.66.

The index is closing in on the 3000 target after touching the all-time high of 2,896.43 on 11th June and 2,920.03 on 12th June. 

Investors were cautious in China as the CSI 300 index edged up 0.25% today, ahead of the release of key Chinese economic data, including May’s retail sales and industrial output.

The index closed at 3,873.80 amid concerns about sluggish growth and ongoing property sector challenges. 

Australia’s S&P/ASX 200 finished the day flat with investors assessing the implications of the Israel-Iran conflict and the upcoming policy decisions by the Reserve Bank of Australia and the US Federal Reserve. 

Sensex today: Indian stock markets mirror Asian strength

Indian equity benchmarks continued their climb on Monday, even as the Israel-Iran conflict is pushing up the oil prices. 

India is the second-largest crude importer in the world, but the recent tensions in the Middle East do not pose an immediate threat as New Delhi has already diversified its oil sources. 

BSE Sensex closed 0.84% higher on Monday at 81,796.15, while Nifty 50 gained 0.92% to close at 24,946.50. 

Nifty IT outperformed, rising over 1%, with stocks like TCS, HCLTech, and Bharti Airtel among the top gainers. 

The post Asian markets look unfazed by Middle East tensions: Sensex soars 677 points appeared first on Invezz

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