Asian markets tumble, oil surges, tech stocks slide

PSX Update • Oct 9, 2026

Asian markets traded lower on Friday, tracking losses on Wall Street as renewed pressure on technology stocks and a sharp rise in oil prices weighed on investor sentiment amid escalating tensions between the United States and Iran.

October 09, 2026 (MLN): Asian markets traded lower on Friday, tracking losses on Wall Street as renewed pressure on technology stocks and a sharp rise in oil prices weighed on investor sentiment amid escalating tensions between the United States and Iran. Japan’s Nikkei 225 fell 1.42% to close at 69,042.11, while the broader Topix index declined 1.51% to 4,091.46. South Korea’s Kospi dropped 2.62% to 6,625.93, and t...