STOCKS | Middle East Tensions Impact Global Financial Markets

Global financial markets are experiencing significant fluctuations due to ongoing tensions in the Middle East. According to RTHK, the Hang Seng Index saw a substantial decline, dropping over 900 points to 24,359, marking a decrease of 918 points or 3.63%. Mainland China's three major indices also fell by 3% or more. Additionally, stock markets in Japan, South Korea, and Taiwan experienced declines ranging from over 2% to more than 6%. Meanwhile, spot gold prices fell nearly 4%, with earlier reports indicating a price of $4,321.5 per ounce. In contrast, British and American crude oil futures showed little change.