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Asian Stocks Surge as Falling Oil Prices Ease Pressure; Nikkei Jumps 1.56%
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CNBC TV18•30-09-2026, 06:53
Asian Stocks Surge as Falling Oil Prices Ease Pressure; Nikkei Jumps 1.56%
- •Asian stocks rose for the first time in three sessions, driven by cheaper oil and anticipation of US inflation data.
- •The MSCI Asia Pacific Index gained 0.4%, with Japan's Nikkei 225 climbing 1.56% and South Korea's Kospi rising 0.65%.
- •US semiconductor shares and President Trump's rejection of AI regulations bolstered investor sentiment in the technology sector.
- •Oil prices fell, with Brent crude trading around $103 a barrel, after Saudi Arabia restored pipeline capacity and the US released emergency reserves.
- •Uncertainty persists due to US-Iran negotiations, while US Treasury yields reached multi-year highs amid inflation concerns and increased government spending.
Key Questions Answered
Asian stocks rose for the first time in three sessions on Wednesday, September 30, 2026, as cheaper oil helped ease pressure on investors waiting for a key US inflation reading. The MSCI Asia Pacific Index gained 0.4%, led by Japan and South Korea, with the Nikkei 225 jumping 1.56% and South Korea's Kospi rising 0.65%.
Oil prices steadied after Saudi Arabia reportedly restored about half the capacity of its East-West pipeline following drone attacks, while the Trump administration ordered another release from emergency reserves.
Market sentiment was bolstered by gains in US semiconductor shares that carried into Asian trading, and by US President Donald Trump rejecting regulations on artificial intelligence.
