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Asia Mixed as Investors Examine Peace Deal

Global stock markets were mixed on Friday, with Asia-Pacific bourses largely closing lower, as investors assessed the durability of a U.S.-brokered peace agreement with Iran.

The Nikkei 225 gained another 196.57 points, or 0.3%, to 71,250.06.

Markets in Hong Kong, Shanghai and Taiwan were shuttered for holiday.

U.S. Vice President JD Vance on Thursday defended President Donald Trump’s interim agreement with Iran, saying any economic relief for Tehran would depend on the country complying with the terms of the deal.

Shares of Samsung Electronics reversed earlier gains and fell 2.34%, while SK Hynix rose 2.94%.

In other markets;

In Korea, the Kospi index dipped 11.42 points, or 0.1%, to 9,052.42.

In Singapore, the Straits Times 50 index declined 20.14 points, or 0.4%, to 5,192.70

In New Zealand, the NZX 50 ballooned 132.32 points, or 1%, to 13,495.63.

In Australia, the ASX docked 82.43 points, or 0.9%, to 8,828.67