Shares Bazaar

Asian markets settle mostly higher on Thursday

Chinese shares gained as China’s Q1 2026 economic growth reached 5%, surpassing expectations by accelerating from the previous 4.5% expansion

Asian markets settled mostly higher on Thursday amid hopes a fresh round of peace talks between Iran and the United States, scheduled for this week, which will help resolve the ongoing conflict in the Middle East. Crude oil prices trading below the $100 per barrel fuelled by hopes of the Strait of Hormuz reopening, also boosted market sentiments. Chinese shares gained as China’s Q1 2026 economic growth reached 5%, surpassing expectations by accelerating from the previous 4.5% expansion. Moreover, solid corporate earnings on Wall Street, AI-driven sector momentum, and a weak yen have lifted Japanese shares.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,055.55

28.34

0.70

Hang Seng

26,394.26

446.94

1.72

Jakarta Composite

7,621.38

-2.20

-0.03

KLSE Composite

1,689.71

6.29

0.37

Nikkei 225

59,518.34

1,384.10

2.38

Straits Times

5,007.83

-13.37

-0.27

KOSPI Composite

6,226.05

134.66

2.21

Taiwan Weighted

37,132.02

409.88

1.12