Asian Stock Markets Mixed as Middle East Tensions Raise Oil Prices

Development on leading Asian stock exchanges diverged in Wednesday's initial trading. Concern for the situation in the Middle East characterizes the stock market mood and pushes up the price of oil.

» Published: June 18 2025

Asian Stock Markets Mixed as Middle East Tensions Raise Oil Prices
Photo: Eugene Hoshiko/AP/TT

Share this article

The Tokyo stock exchange's Nikkei 225 index and the broader Topix index were up 0.7 percent shortly after lunch local time.

Hong Kong's Hang Seng index was simultaneously down 1.2 percent, while Shanghai's composite index pointed to a minus 0.2 percent.

South Korea's Kospi index, on the other hand, pointed up 0.5 percent.

Fears that the clashes between Israel and Iran will spread have contributed to pushing up the oil price. The price of so-called Brent oil has risen to over 76 dollars per barrel.

Fears about how the situation in the Middle East can affect the global economy are also contributing to lowering the stock market mood, the three leading indexes on Wall Street fell on Tuesday evening. The broad S&P 500 index fell 0.8 percent, the Dow Jones industrial index fell 0.7 percent, while Nasdaq's technology-heavy composite index closed at a minus 0.9 percent.

On Wednesday, the US central bank, the Federal Reserve, will announce its interest rate decision.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Trump Urges Supreme Court to Uphold Tariffs
1 MIN READ

Trump Urges Supreme Court to Uphold Tariffs

Google Fined $425 Million for Privacy Violations
1 MIN READ

Google Fined $425 Million for Privacy Violations

France Fines Google and Shein for Cookie Violations
1 MIN READ

France Fines Google and Shein for Cookie Violations

Google Stock Soars 9 Percent as Wall Street Closes Mixed
1 MIN READ

Google Stock Soars 9 Percent as Wall Street Closes Mixed

EU Faces Resistance Over New Mercosur Trade Agreement
3 MIN READ

EU Faces Resistance Over New Mercosur Trade Agreement

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand
1 MIN READ

Polestar Faces $739 Million Write-Down Amid US Tariffs and Weak Demand

Mediation Institute Ends Efforts in Tesla-IF Metall Dispute
1 MIN READ

Mediation Institute Ends Efforts in Tesla-IF Metall Dispute

Two More Suspects Identified in Major Insider Trading Case
1 MIN READ

Two More Suspects Identified in Major Insider Trading Case

Ryanair's New Bonus Program Criticized by German Cabin Union
1 MIN READ

Ryanair's New Bonus Program Criticized by German Cabin Union

SEB Predicts Halved Food VAT Could Lower Prices and Inflation
2 MIN READ

SEB Predicts Halved Food VAT Could Lower Prices and Inflation

Swedish Service Sector Sees Fragile Recovery in August
1 MIN READ

Swedish Service Sector Sees Fragile Recovery in August

Boliden Leads Gains as Stockholm Stock Exchange Rises
1 MIN READ

Boliden Leads Gains as Stockholm Stock Exchange Rises

Air Travel Rises 5% in August as Swedavia Airports See Growth
1 MIN READ

Air Travel Rises 5% in August as Swedavia Airports See Growth

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast
4 MIN READ

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Klarna's New York IPO: Analyst Calls It a High-Risk Stock
3 MIN READ

Klarna's New York IPO: Analyst Calls It a High-Risk Stock

Stock Market Volatility Follows Xi's Speech Amid Military Parade
1 MIN READ

Stock Market Volatility Follows Xi's Speech Amid Military Parade

Google Retains Chrome in Partial Legal Victory
2 MIN READ

Google Retains Chrome in Partial Legal Victory

Wall Street Opens September with Losses Across Major Indexes
2 MIN READ

Wall Street Opens September with Losses Across Major Indexes

Saab Partners with Polish WB Group for Defense Collaboration
1 MIN READ

Saab Partners with Polish WB Group for Defense Collaboration

Two Companies Sue LKAB for 700 Million Kronor Over Mine Expansion
1 MIN READ

Two Companies Sue LKAB for 700 Million Kronor Over Mine Expansion