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Asian stocks advance as oil rises amid us-iran tensions
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Asian stocks climbed higher on Monday, led by companies focused on artificial intelligence, despite escalating concerns over Middle East stability. Oil prices jumped after President Donald Trump rejected Iran's response to a US peace proposal as unacceptable. The developments come amid a 10-week-old conflict between the two nations.
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Foreign institutional investors have sold Indian shares worth more than Rs 2 lakh crore so far in 2026, marking their third straight month as net sellers amid ongoing geopolitical tensions.
Global stocks reached record highs after President Trump indicated progress in Iran negotiations. The news eased geopolitical tensions, boosting technology shares in South Korea. Brent crude oil prices fell amid the positive market sentiment.
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Crude oil prices have rocketed above $115 a barrel after the US and Iran exchanged fire, shattering a fragile ceasefire amid weeks of escalating tensions. Following stalled April peace talks, naval blockades, and ship seizures in the Strait of Hormuz, the clash has intensified fears of broader Middle East conflict, threatening global energy supplies and stoking market volatility.
Argentina's country risk index, produced by JP Morgan, dropped to 567 basis points at the close on Thursday, April 30, 2026. The 1.05% daily decline aligned with a rebound in sovereign bonds. The index reflects increased demand for fixed-income assets amid focus on fiscal matters.
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Silver and gold prices rose on Wednesday following the Federal Reserve's meeting and other central bank announcements. The uptick came as oil prices and the US dollar weakened. Metals gained traction amid broader strength in risk assets.
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