After the Israel-Hamas agreement, most Asian stock indices rose

Most Asian stock indices rose today, Thursday, after US stocks recorded new record levels following a slight stumble in the previous session.

Markets on the Chinese mainland achieved gains of more than 1% as trading resumed after a week-long holiday, while US stock futures declined.

Oil prices fell after Israel and Hamas reached an agreement yesterday, Wednesday, to stop the fighting in Gaza, in preparation for the release of the remaining hostages there in exchange for the release of Palestinian prisoners in the coming days, according to the Associated Press.

Japan’s Nikkei 225 index rose by 1.3%, reaching 48,369.90 points, supported by a rise in SoftBank Group shares by more than 11% as it continues its expansion in the field of artificial intelligence.

The Hang Seng Index in Hong Kong also rose by less than 0.1%, reaching 26,840.95 points, and the Shanghai Composite Index rose by 1.2%, reaching 3,931.07 points, in its first trading session since October 1.

Australia’s Standard & Poor’s/ASX 200 index rose 0.2% to 8,965.90 points, and Taiwan’s Taiex index rose 1.3%.

On Wall Street, US stocks ended trading mixed yesterday, Wednesday, as the Standard & Poor’s 500 index rose 0.6% to reach 6,735.72 points, recording a new record level, a day after ending a seven-day winning streak.

The Dow Jones Industrial Average fell less than 0.1% to 46,601.78 points, while the Nasdaq Composite Index rose 1.1% to 23,043.38 points, hitting an all-time high.