Most Asian stock markets are falling on Thursday after yesterday’s losses on Wall Street under the weight of a new rally in oil prices.
On the board, the Japanese Nikkei 250 index recorded small gains of 0.25% at 28,110.39 points.
In Hong Kong the Hang Seng index lost 0.6%, while in mainland China the Shanghai Composite also fell 0.6%.
South Korea’s Kospi lost 0.2%, while in Australia the S & P / ASX 200 rose 0.1%. Indices in Malaysia and Taiwan are also falling.
Investors are waiting for the results of the NATO summit and the summit of European leaders in Brussels with the participation of US President Joe Biden. The leaders are expected to reach new sanctions against Russia, but analysts are not expecting an agreement to ban imports of energy products from Russia.
Meanwhile, oil prices hit a new rally after Russian President Vladimir Putin announced that hostile countries would pay for Russian gas in rubles. US crude was trading at $ 5.66 a barrel yesterday, hitting $ 114.93 a barrel, while Brent was up $ 1.28 at $ 119.08 a barrel. Prices gain more than 50% in 2022 amid concerns about the impact of the war in Ukraine on Europe ‘s energy supply.
Source: Capital
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