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Informist, Tuesday, May 26, 2026                                      Tel +91 (22) 6985-4000

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Equity Alert: Asian indices mixed after US strikes Iran; crude oil climbs 

 

MUMBAI--0800 IST--Asian markets were mixed Tuesday as market participants displayed some caution in light of fresh strikes by the US against Iran even as the ceasefire is in place. Brent crude oil futures remainded below $100 per barrel but climbed 2%. The US said the strikes were conducted in self-defense. Barring South Korea's KOPSI, all other indices in the region were flat or in the red.  

 

The attacks against Iran were "to protect our troops from threats posed by Iranian forces," the US Central Command said, according to a BBC report. "The US Central Command "continues to defend our forces while using restraint during the ongoing ceasefire," Central Command spokesperson Captain Tim Hawkins was quoted as saying.

 

The South Korean market reopened Tuesday after a holiday Monday and the bechmark KOSPI notched a fresh record high of 8131.15 points. Shares of heavyweight Samsung Electronics were up 3% and those of SK Hynix gained 6%. The country's broader market KOSDAQ was up almost 2%. Meanwhile, Japan's Nikkei 225 was under pressure after touching a record high Monday. China's CSI 300 oscillated between gains and losses while the SSE Composite was in negative territory. The US stock market was closed Monday on account of Memorial Day. 

 

The following were the levels of major Asian indices at 0755 IST:

 

Index	Level	Change in %
CSI 300 Index	4935.5716	0.28
Hang Seng Index	25654.97	0.19
Nikkei 225 Day	65005.36	(-)0.23
TOPIX FIRST SECTION	3947.31	0.12
KOSPI	8089.89	3.09
FTSE Singapore Strait Times	5061.58	(-)0.18
S&P/ASX 200 Index	8652.90	(-)0.45

 

(Ruchira Kagita)

 

US$1 = INR 95.23

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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