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Asia stocks firm, crude hits 5-month high on Iran sanctions report


Monday, 22 April 2019 08:13 WIB

IndeksTopixSaham Asian Indeks MSCI Asia Pasifikindeks Kospi


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Asian stocks were steady on Monday as investors awaited the return of major financial markets from the Good Friday holiday, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions.

Equities markets were subdued, with MSCI's broadest index of Asia-Pacific shares outside Japan trading little changed. South Korea's KOSPI rose 0.4 percent and Japan's Nikkei shed 0.2 percent.

The index was within reach of a nine-month peak scaled on Thursday after Chinese economic data beat expectations and eased concerns about the health of the world economy.

Source : Reuters


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