Asian stocks open higher after falling due to Russia’s invasion of Ukraine

Asian stock markets began to recover this Friday in line with the upward closing of Wall Street after the bump suffered on the eve of the start of the Russian invasion of Ukraine.

The military maneuver caused a storm in the markets with sharp falls in the Asian and European stock markets, the price of Brent oil above 100 Dollars for the first time since 2014 and a collapse of the price of the ruble against the dollar.

But online with the bag New Yorkwhich opened with heavy losses but closed in the green after the announcement of US sanctions against Russia, Asian markets started the day on Friday higher.

The indices for Tokyo, Shanghai, Seoul, Singapore and Wellington grew above 1%. Although less buoyant, stock markets in Hong Kong, Sydney, Jakarta and Taipei also posted gains.

The price of a barrel Petroleum Brent was once again above US$100 and analysts say that the conflict could keep its price high for months.

The day before, world markets experienced a black Thursday after tensions between Russia and Ukrainein addition to the announced sanctions against Kyiv.