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Markets

Asian stocks extend rout as US–Israel strikes on Iran enter day 4

Asian stock markets continued to decline as the impact of US-Israeli military actions in Iran intensified, marking the fourth day of losses. The MSCI Asia-Pacific index fell by 1.5%, with significant drops in South Korea and Japan's major indices.

Asian stocks extend rout as US–Israel strikes on Iran enter day 4. Representational image/Pixabay

Asian stocks extend rout as US–Israel strikes on Iran enter day 4. Representational image/Pixabay

Credit: Firstpost

Key Highlights

  • MSCI's Asia-Pacific index dropped 1.5%.
  • South Korea's index fell by up to 4.1%.
  • Japan's Nikkei 225 declined by 2.3%.
  • The selloff reflects market concerns over US-Israel strikes on Iran.
  • This marks the second consecutive session of losses for Asian stocks.
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Sources

  1. Asian stocks extend rout as US–Israel strikes on Iran enter day 4

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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