The main indicators on the stock exchanges of the Asia-Pacific region are moving upwards, as international investors are anxiously watching the negotiations between Russia and Ukraine, which so far have produced only one agreement to continue the talks.
On the board, the Japanese Nikkei closed with gains of 1.20%, at 26,844.72 points, while the South Korean stock market is closed due to a national holiday. In Hong Kong, the Hang Seng strengthened by 0.44%, while in mainland China, the Shanghai increased by 0.77%, with Shenzen to record an increase of 0.24%. In Taiwan, the Taiwan Weighted closed with an increase of 1.39%, while in Australia, the S & P / ASX 200 gained 0.67%.
Rising oil prices and growing financial pressure on Russia from the US and its allies, as Moscow is one of the world’s largest exporters of hydrocarbons for its invasion of Ukraine, add to the global economic uncertainty. outlook.
On Monday, Russian forces bombed Ukraine’s second largest city, Kharkiv, hitting residential areas as it approached the capital, Kyiv, in a 64-kilometer convoy of vehicles.
“The end of the road is far away. Although the negotiations for a ceasefire on the Belarus-Ukraine border are over, at least for their first phase, the military operations are certainly not over, as is the round of sanctions against Russia,” Tan said. Boon Heng, executive of Mizuho Bank in Singapore.
“Asian stocks moved relatively higher on Tuesday, following the Wall’s slight recovery from its intraday low on Monday, following negotiations between Russia and Ukraine. The market focus will remain on geopolitical tensions for a long time,” Anderson said. Alves of ActivTrades, in a report.
The United States, the United Kingdom, France, Germany, Japan, Italy, the European Union and other international powers are coordinating their actions against the Russian central bank.
The assessment that the war in Ukraine will lead the US Federal Reserve to take a more relaxed approach to raising interest rates in an effort to control inflation also has a positive effect on the markets.
Source: Capital
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