Kathmandu. Asian shares rose on Wednesday morning after news of a two-week ceasefire between Iran and Israel was announced.Asian stock markets rallied after military tensions in the Middle East eased and pledged to reopen the Strait of Hor muz. 

The Japanese stock market ‘Nikkei 225′ saw an increase of 5.28 percent (2,822.44 {{}}, while South Korea’s ‘Kospi’ percent was up {{}TAG_ percent. OPEN_span_26}308.11 has increased by {{}. 

India’s Nifty also rose more than 3 per cent to 23,841. Other regional indices such as Hong Kong ‘hang 3.04 and Taiwan ‘weighted’ 3.72 ।

Similarly, the announcement of the ceasefire has had a major impact on the energy sector. Brent crude oil fell by to $95.02 per barrel and U. S. crude fell by 13.76 by 97.41. On the other hand, the price of gold has increased by 2.13 percent (100.45 .