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U.S.-Iran ceasefire, international stock markets soar!

Artha Sarokar

Kathmandu. The international stock market has suddenly surged. The international market has suddenly jumped after the official announcement of a ceasefire between the United States and Iran. 

Stock markets in the Asia-Pacific region are currently on the rise.U. S. President Donald Trump has officially announced that the United States and Iran have agreed to a ceasefire of . Since then, there has been enthusiasm among investors in the market. 

Japan’s Nikkei 225 rose more than 5 percent after the news of the ceasefire came out. On the other hand, South Korea’s Kospi also increased by by 5.7, Taiwan’s Taix and Australia’s ASX 200 1.5TAG_CLOSE_span_ It has increased by 20} percent. 

Analysts said that the market was buoyant as investors in the international market were buoyed by the agreement of the ceasefire. 

Not only is the stock market rising in the international market, but the price of crude oil has also fallen. In the global market, the price of Brent has fallen by to $3.58 dollars, or 4.10 to 83.75 dollars. 

The price of U. S. West Texas Intermediate per barrel also decreased by 4.01 or 4.72 to 80.87 dollars per barrel.

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