logo
EquityWireEquity Alert: Most Asian mkts up on lower crude prices; Nikkei hits new high
Equity Alert

Most Asian mkts up on lower crude prices; Nikkei hits new high

This story was originally published at 08:46 IST on 18 June 2026
Register to read our real-time news.

Informist, Thursday, Jun. 18, 2026                                      Tel +91 (22) 6985-4000


Equity Alert: Most Asian mkts up on lower crude prices; Nikkei hits new high

 

MUMBAI--0825 IST--Most stock indices in Asia were up in early trade as oil prices continued to fall on expectations of the US-Iran peace deal. Both parties have already signed an interim deal. However, uncertainties persist with US President Donald Trump threatening to resume attacks if Iran failed to comply with the terms. At 0821 IST, Brent Crude August futures were down 1.3% at $78.55 per barrel.

 

"Major geopolitical risk persists and will also remain a major driver of market action," Kyle Rodda, a senior financial market analyst at Capital.com, told Reuters. Most indices in the region were up even as their US counterparts closed lower on Wednesday following the US Federal Reserve's policy meeting. While the central bank held rates steady at the 3.5-3.75% target range, commentary by officials hinted at the possibility of a rate hike this year.

 

Japan's Nikkei 225 was the highest gainer in the region and hit another record intraday high for the second session in a row. The gains were driven by semiconductor and artificial intelligence-centric shares, according to a Reuters report. Among other gainers, South Korea's Kospi rose 0.7%. Index heavyweight SK Hynix advanced 4% to touch a fresh high, according to a CNBC report. Its peer Samsung Electronics rose 1%. Hong Kong's Hang Seng, down 2%, was the worst performer among regional peers. The index was down for the third straight session, during which it shed around 4%.

 

Following are the levels of key indices in the region at 0825 IST:

 

Index Level Change in %
CSI 300 Index 4948.63 0.35
Hang Seng Index 23895.07 (-)1.72
Nikkei 225 Day 71052.3 1.65
TOPIX FIRST SECTION 4069.56 1.4
KOSPI 8926.38 0.7
FTSE Singapore Strait Times 5186.48 0.19
S&P/ASX 200 Index 8925 (-)0.46

 

(Shruti Nair)


Equity Alert: US mkt ends dn after Fed hints at possible rate hike this year

 

MUMBAI--0745 IST--US stock indices ended lower on Wednesday and bond yields surged after the US Federal Reserve kept the policy interest rate unchanged at 3.5-3.75%. While the decision was in line with the consensus expectation, commentary by officials hinted at a rate hike this year. All three major US indices ended in the red, down around 1?ch.

 

In his first policy meeting, Fed Chair Kevin Warsh underscored the need to subdue inflation and said that the central bank would deliver price stability. Notably, Warsh himself refrained from providing a projection, deviating from common practice. Following the policy meeting, expectations that the Fed would hold rates steady were at 13% compared to 40?rlier, according to CME Group's FedWatch tool, Reuters reported. Treasury yields rose following the decision, with the 2-year yield rising more than 16 basis points to 4.216%, according to a CNBC report. 

 

"He is absolutely telling you that he plans on delivering on price stability. So that means ... we're not going to have such easy money policy as everybody thought maybe Chairman Warsh would do back in the first quarter of this year, when everyone was counting on rate cuts," DoubleLine Capital Chief Executive Officer Jeffrey Gundlach said on CNBC's 'Closing Bell'. "He doesn't sound like that today at all."

 

On Wednesday, all of the S&P 500's 11 major industry indices closed lower after the Fed meeting. Communications services was the worst hit sector, down 3%, while industrials fared better than its peers, closing marginally lower, Reuters reported.

 

Major technology stocks were a drag in Wednesday's session, with 'Magnificent 7' stocks Meta, Alphabet, and Amazon, all ending 2-5% lower. Elon Musk's SpaceX also ended in negative territory for the first time since going public last week. The stock closed 5% lower. However, gains in some chip stocks like Micron Technology and Intel helped limit the losses. 

 

The following were the closing levels of major US indices on Wednesday:

 

US Indices

Levels

Change in %

Dow Jones Industrial Average

51492.55

(-)0.98

NASDAQ Composite

26021.66 (-)1.34

S&P 500

7420.1 (-)1.21

 

(Shruti Nair)

 

US$1 = INR 94.53

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.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillink

Related Stories