Asia-Pacific markets fell Thursday, after Iran’s parliamentary speaker charged the U.S. of breaching the terms of their two-week ceasefire agreement.
Japan’s Nikkei 225 tailed off from Wednesday’s sharp gains, dropping 413.10 points, or 0.7%, to 54,895.32
In Hong Kong, the Hang Seng dipped 140.62 points, or 0.5%, to 25,752.40.
The ceasefire was contingent on Iran agreeing to reopen the Strait of Hormuz. Tehran had said that it would stop “defensive” operations if attacks on the country were halted, according to a statement from Iran’s Foreign Minister. Israel has also agreed to the ceasefire, media reports said.
Iran’s parliamentary speaker Mohammed Bagher Ghalibaf subsequently accused the U.S. of breaching the ceasefire deal. The violations highlighted were denial of the Islamic Republic’s right to enrich uranium and Israel’s continued attacks on Lebanon, a drone’s entry into Iranian airspace, he said.
In other markets
The CSI 300 index in Shanghai lost 29.33 points, or 0.6%, to 4,566.22.
In Taiwan, the Taiex gained 99.78 points, or 4.6%, to 34,761.38.
South Korea’s Kospi retreated 94.33 points, or 1.6%, to 5,778.01
In Singapore, the Straits Times Index backtracked 18.97 points, or 0.4%, to 4,997.08.
In Australia, the AZX 200 gained 21.4 points, or 0.2%, to 8,973.21.
In New Zealand, the NZX 50 advanced 19.87 points, or 0.2%, to 13,273.81.
