Nikkei 225 Hits Record High as Asia Stocks Open Higher
Summary
- Major Asia-Pacific stock markets opened higher, with investor buying flowing into the region.
- Japan's Nikkei 225 index and Topix index both advanced, with the former hitting a record high.
- International oil prices remained firm on Middle East tensions, with both WTI futures prices and Brent futures prices staying elevated.
Forecast Trend Report by Period
Major Asia-Pacific stock markets opened higher on June 3 as investors bought equities despite uncertainty surrounding talks to end the Middle East conflict between the U.S. and Iran.
Japan's Nikkei 225 rose 0.91% shortly after the open, setting a fresh record high. The Topix index, another benchmark for Tokyo stocks, also gained 0.93%, while Australia's S&P/ASX 200 advanced 0.32%.
Chinese markets, however, pointed to a mild pullback. Hong Kong's Hang Seng Index futures traded around 25,853, below the latest close of 26,038.32.
International oil prices remained firm as military tensions in the Middle East persisted. In after-hours trading on the New York Mercantile Exchange, June-delivery West Texas Intermediate futures rose 1.16% from the previous session to $94.92 a barrel. July Brent futures also traded around $96 a barrel.
Meanwhile, South Korea's Kospi market, which had climbed to the 8,900 level during its recent record-setting rally, was closed for one day for the country's ninth nationwide local elections holiday.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
