![\"Asian](\"https:\/\/static.toiimg.com\/thumb\/msid-130431481,imgsize-916048,width-400,height-225,resizemode-4\/untitled-design-35.jpg\" "\\"<p>File")
<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nAsian stock markets showed a mixed trend on Wednesday, tracking gains on Wall Street as oil prices softened amid cautious optimism over potential US-Iran peace talks.Japan\u2019s Nikkei 225 rose about 0.5% to hover near record highs, supported by strong gains in heavyweight tech stocks.South Korea\u2019s Kospi edged slightly lower, while Australia\u2019s S&P\/ASX 200 dropped 0.9%.Hong Kong\u2019s Hang Seng fell 1.3%, even as China\u2019s Shanghai Composite posted a modest 0.1% gain. Taiwan\u2019s Taiex outperformed, climbing 1.1%.The movement in equities came as oil prices eased slightly, offering relief to markets concerned about inflation. Lower oil prices help reduce input costs for businesses and ease pressure on global economies.Brent crude remained above $98 per barrel despite a marginal dip, while US crude slipped below $90.<\/p>\n Investor sentiment remains closely tied to developments in the Middle East. US President Donald Trump\u2019s decision to extend the ceasefire with Iran has raised hopes for renewed negotiations, though uncertainty persists over whether Tehran will participate.Asian economies, particularly import-dependent nations like Japan, are highly sensitive to disruptions in the Strait of Hormuz, a key global oil transit route. Any prolonged blockage could push energy prices higher and weigh on growth.<\/p>\n In Japan, gains were largely driven by select technology stocks. SoftBank Group surged 9.3%, while Advantest rose 2.2%, significantly lifting the Nikkei, reported Reuters. However, market breadth remained weak, with decliners outnumbering gainers.\u201cWhile some stocks related to artificial intelligence\u2026 are driving gains, the number of stocks rising overall is not that large,\u201d said Daiwa strategist Kensuke Togashi, as per Reuters.Overall, markets remain volatile, with investors balancing easing oil prices against ongoing geopolitical risks and global growth concerns.<\/div>\nOil, geopolitics shape sentiment<\/h3>\n<\/p>\n
Tech stocks lift Japan, caution lingers<\/h3>\n<\/p>\n