Bangkok Post – Stocks sink, oil surges on reports of Middle East attacks

April 19, 2024

PUBLISHED : 19 Apr 2024 at 09:35

A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo on March 22, 2023. (Photo: Reuters)

OKYO: Asian shares and bond yields sank on Friday while the dollar, yen, oil and gold surged after reports of a sharp escalation in Middle East hostilities.

MSCI’s broadest index of Asia-Pacific shares dived more than 2% and US stock futures also pointed 1.3% lower following media reports Israeli missiles had hit a…