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GLOBAL MARKETS-Stocks Edge Up In Asia, Oil Flat Amid Middle East Uncertainty

May 04, 2026, 08.16 AM
GLOBAL MARKETS-Stocks Edge Up In Asia, Oil Flat Amid Middle East Uncertainty

ILUSTRASI. A holiday in Japan made for thin trading conditions, leaving Nikkei futures up only modestly at 59,630 versus a cash close of 59,513

Source: ReutersEditor: Anna Suci Perwitasari

GLOBAL MARKET - SYDNEY. Shares edged higher while oil prices flatlined in Asia on Monday, as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.

President Donald Trump said the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning, but gave no details of the plan.

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