Gingerly

• Asian stock markets experienced cautious gains driven by a recovery in AI-related sectors and signs of de-escalation between Israel and Iran. • Market performance was mixed across the region, with Singapore’s Straits Times index rising 1.1% while Hong Kong’s Hang Seng index fell 0.2%. • The shift reflects investor optimism regarding geopolitical stability and the continued growth potential of artificial intelligence technologies.

• Asian stock markets experienced a cautious rise driven by a recovery in AI-related sectors and a perceived de-escalation of tensions between Israel and Iran. • The U.S. dollar weakened as risk sentiment improved following the halt of strikes between the two Middle Eastern nations. • Indian shares have underperformed compared to their regional peers due to investor anxiety regarding high oil prices and their impact on India's import-dependent economy.