• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Asian markets open: positive start for Nikkei; Sensex in spotlight as oil tops $75

by June 16, 2025
by June 16, 2025

Asian stock markets started the trading week with a largely positive tone on Monday, though investors remained on high alert, carefully assessing the escalating tensions between Israel and Iran alongside a fresh batch of economic data from China.

While the geopolitical situation fueled a jump in oil prices, most regional equity indices managed to find some upward momentum. Indian benchmarks, including the Sensex, are also in sharp focus.

The weekend saw a continuation of hostilities between Israel and Iran, with both sides exchanging strikes.

This volatile backdrop sent oil prices higher and saw gold rally as investors sought refuge in traditional safe-haven assets while global equity markets had previously slid.

Despite this, Asian markets on Monday morning appeared to be trying to look past the immediate geopolitical flare-up, at least in early trading.

Adding to the complex picture, China released several key economic data points. Retail sales in May provided a bright spot, jumping 6.4% from the previous year.

However, industrial output growth slowed to 5.8% year-on-year. Investors kept a close watch on Chinese markets as they digested these figures. 

Mainland China’s CSI 300 index and Hong Kong’s Hang Seng Index were both reported to be flat in choppy early trade.

Elsewhere in the region, Japan’s benchmark Nikkei 225 climbed a solid 0.96%, while the broader Topix index advanced 0.58%.

In South Korea, the Kospi index gained 0.62%, and the small-cap Kosdaq moved up 0.36%, also experiencing some volatility. 

Australia’s S&P/ASX 200 increased by 0.26%.

Indian markets on edge

Benchmark Indian stock indices, the Sensex and Nifty, are a key focus on Monday, June 16.

The geopolitical situation took a concerning turn as Iran reportedly informed mediators Oman and Qatar that it was not open to negotiating a ceasefire while under Israeli attack.

Reuters reported that Iran also stated it did not seek US involvement to broker a ceasefire.

This news contributed to Brent crude oil prices soaring above the $75 a barrel mark.

Adding to the uncertainty, US President Donald Trump suggested that the fighting may continue before any deal between Iran and Israel is reached.

Indicating a potentially positive start for Indian equities despite these headwinds, Gift Nifty was trading 51.60 points, or 0.21 percent, higher at 24,779.

US markets: futures up after Friday’s sell-off

US equity futures moved up during early Asian trading hours, suggesting some stabilization after a sharp sell-off on Wall Street last Friday.

The previous session’s decline in the US was a direct reaction to the Israel-Iran attacks, which pushed energy prices higher and added another layer of complication at a time of already heightened geopolitical uncertainty.

On Friday, the Dow Jones Industrial Average had fallen 769.83 points, or 1.79%, to end at 42,197.79. The S&P 500 dropped 1.13% to close at 5,976.97, while the Nasdaq Composite lost 1.30% to settle at 19,406.83.

The post Asian markets open: positive start for Nikkei; Sensex in spotlight as oil tops $75 appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Israel-Iran conflict sends Middle East oil shipping costs higher
next post
S&P 500 is expensive on all valuation metrics, but don’t sweat it – strategist says

Related Posts

Trump gives ’50-50 chance’ for EU trade deal...

July 27, 2025

Japan’s $550B investment could back Taiwan chip plants...

July 27, 2025

Musk hints at budget Model Y, but analysts...

July 27, 2025

From $824 to over $1,300: how soaring rents...

July 27, 2025

Top 3 catalysts for the VOO ETF stock...

July 27, 2025

Top catalysts for the Nikkei 225 Index this...

July 27, 2025

GO Residential REIT drops on debut after oversubscribed...

July 26, 2025

Meta to halt political ads in EU from...

July 26, 2025

Here’s why the Coursera stock price has surged...

July 26, 2025

What is Lip-Bu Tan doing for Intel stock...

July 26, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Trump gives ’50-50 chance’ for EU trade deal as leaders prepare for Sunday meeting

    July 27, 2025
  • Japan’s $550B investment could back Taiwan chip plants in US, says trade official

    July 27, 2025
  • Musk hints at budget Model Y, but analysts doubt its impact on Tesla’s sales downturn

    July 27, 2025
  • From $824 to over $1,300: how soaring rents are consuming American paychecks

    July 27, 2025
  • Top 3 catalysts for the VOO ETF stock this week

    July 27, 2025
  • Top catalysts for the Nikkei 225 Index this week

    July 27, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,969)
  • Editor's Pick (192)
  • Investing (185)
  • Stock (1,313)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Intel stock soars as chipmaker names new...

March 13, 2025

Musk’s India play: Starlink taps Airtel for...

March 12, 2025

Indian markets open: Sensex, Nifty brace for...

May 7, 2025