Energy stocks emerge as winners amid escalating conflict

IndustryCommodity
โดย Money & Banking·Read original
Summary · why it matters

Energy stocks have become the winners in an intensifying conflict, buoyed by rising oil and commodity prices amid supply concerns from tensions in the Middle East and key shipping routes. Asian equity markets closed mixed, with the Nikkei advancing against declines in the KOSPI and Chinese markets, while Hong Kong edged slightly higher. The Thai stock market ended the morning session down 31.44 points, slipping below the 1,600 level, pressured by selling in Delta Electronics and Indorama Ventures alongside a surge in bond yields that dampened investment sentiment.

Impact on stocks 2

Electrification & Mobility · 1 stocks
Critical Materials & Supply Chain · 1 stocks
Indorama Ventures PCL
IVL
▼ NegativeMonetaryrelevance

Surge in bond yields dampens investment sentiment, pressuring Indorama Ventures.