
Persian Gulf Outlook Lifts Asian Stock Markets

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Asian stock markets surged on Tuesday following US President Trump's indication of potential negotiations to ease tensions in the Persian Gulf. Major indices, including Japan's Nikkei 225, which rose 2.4%, and Seoul's KOSPI, which increased by 2.7%, led the gains. The Hang Seng Index in Hong Kong closed up 0.8%, while the Shanghai Composite rose 1%. Economic data showed China's export growth slowed to 2.5% in March, but imports surged by 27.8%. Overall, the MSCI All Country Asia Pacific Index increased by 1.9%.
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