Asian markets rise, oil slumps after U.S. Iran ceasefire

PSX Update • Jul 27, 2026

Asian markets traded higher on Monday as easing tensions between the United States and Iran boosted investor confidence and triggered a sharp decline in oil prices, while attention shifted to a busy week of corporate earnings and the U.S. Federal Res

July 27, 2026 (MLN): Asian markets traded higher on Monday as easing tensions between the United States and Iran boosted investor confidence and triggered a sharp decline in oil prices, while attention shifted to a busy week of corporate earnings and the U.S. Federal Reserve's policy decision. Japan's Nikkei 225 gained 0.24%, while the broader Topix index rose 0.60%. South Korea's Kospi advanced 0.44%, and the small...