Asia Pacific markets rebounded Thursday after U.S. President Donald Trump’s comments on the Iran conflict eased investor worries about further escalation of geopolitical risks in the Middle East.
The Nikkei 225 regained 535.11 points, or 2.3%, to 23,739.87. The Japanese yen eased against the U.S. dollar to trade at 109.25 after strengthening to levels around 107.63 per dollar in the previous session.
The Hang Seng index jumped 473.08 points, or 1.7%, to 28,561.
Australian stocks prospered, with the heavily weighted financials sub-index gaining 0.5%.
Still, following Iran’s attack, a report on Wednesday said two rockets fell inside the Green Zone in the Iraqi capital — it is the section in Baghdad that contains the U.S. Embassy, other embassies of Western nations and foreign businesses, according to Reuters. There were no casualties, Iraq’s military said in a statement.
In other markets
In Shanghai, the CSI 300 restocked 52.05 points, or 1.3%, to 4,164.37.
In Taiwan, the Taiex regrouped 153.53 points, or 1.3%, to 11,970.63
In Korea, the Kospi index recovered 35.14 points, or 1.6%, to 2,186.45
In Singapore, the Straits Times Index nicked ahead 1.59 points, or 0.1%, to 3,247.48
In New Zealand, the NZX 50 slipped 19.3 points, or 0.2%, to 11,537.68
In Australia, the ASX 200 added 56.61 points, or 0.8%, to 6,874.23
