Oil crashes, Nikkei jumps 5%: How US-Iran ceasefire flipped global markets
Stock markets across Asia posted strong gains while crude prices slipped sharply after a temporary truce between the US and Iran signalled easing tensions in the Middle East.
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Chinese stocks opened mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.02 per cent, at 3,393.97 points.
The Shenzhen Component Index opened 0.03 per cent higher at 11,370.52 points, Xinhua news agency reported.
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The ChiNext Index, China’s NASDAQ-style board of growth enterprises, was down 0.1 per cent to open at 1,867.99 points.
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