Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, on a renewed spike in crude oil prices amid ongoing attacks on tankers in the Middle East and concerns about hurricane-related production disruption in the Gulf of Mexico. Reports suggest that US President Donald Trump and his national security team have discussed possibly resuming large-scale U.S. military operations in Iran in the coming weeks. Asian markets ended mostly lower on Thursday.
The Australian stock market is trading notably higher on Friday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains in energy and financial stocks partially offset by weakness in mining and technology stocks.
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Market Analysis
Asian Markets Trade Mixed
2026-10-09 03:21:29
