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As Russian Invasion of Ukraine Tension Subsides, Asian Stock Market Cheers

As Russian Invasion of Ukraine Tension Subsides, Asian Stock Market Cheers

With Nikkei up by 1.9% and Hong Kong Share Market adds 1.1% on Wednesday 16 Feb 2022, Asian stock market is rallying on easing tensions of Russian invasion of Ukraine. Since Mascow hinted that it is calling back some of its troop to the base from the exercise routine, market investors sighed a breath of relief and instead celebrated the hopeful news.

Similarly, Asian equity market also followed that of USAs and European stocks too went up higher than expected. The broadest index that is, MSCI’s of Asia-Pacific shares risen 0.9% outside Japan in early regional trade.

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