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Asian shares trade mixed as oil prices rise

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Cite

Kageyama, Y. (2026, September 28). Asian shares trade mixed as oil prices rise. Toronto Star. https://www.thestar.com/news/world/asian-shares-trade-mixed-as-oil-prices-rise/article_caf351f7-af09-5803-8117-2903b1291bc4.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Toronto Star · collected 2026-09-28 · by Yuri Kageyama

Quick Summary

On Monday, Asian stock markets showed mixed performance following a slight drop in oil prices the previous week which had boosted U.S. stocks. Key indices varied with Japan’s Nikkei 225 slightly down and Australia’s S&P/ASX 200 up by 0.3%, while others like South Korea’s Kospi fell 2.3%. Oil prices continued to be volatile due to geopolitical tensions, with U.S. crude at $93.33 a barrel and Brent crude at $106.19, having briefly dipped last week amid uncertainty about Middle East oil supply stability.
Written by AI on 2026-09-28, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On Monday, Asian shares traded mixed as oil prices rebounded from a cooldown seen earlier in the week. The Nikkei 225 in Japan edged down less than 0.1%, while Australia's S&P/ASX 200 rose 0.3%. In contrast, South Korea’s Kospi dropped 2.3% and China’s Shanghai Composite fell 1.7%. The volatility in oil prices, with U.S. crude at $93.33 a barrel and Brent crude at $106.19, stems from uncertainties surrounding the conflict between Iran and other nations affecting oil flow through the Strait of Hormuz. Meanwhile, U.S. stocks closed their first winning week in three as the S&P 500 added 0.5%, breaking a losing streak caused by rising bond yields and inflation concerns.

Written for “Asian Markets Oil Prices” on 2026-11-05, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Asian Markets Oil Prices
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 5% of its claims. Each row says how that neighbour differs.
The Independent
Hedges 1 of 21 claims Outlet record 59/100
“The articles describe different trading days and market conditions for Asian shares and oil prices.”
Toronto Star
Hedges 0 of 5 claims Outlet record 64/100
“The articles describe stock market performance on different days and with different economic contexts.”
Toronto Star
Hedges 3 of 24 claims Outlet record 64/100
“The articles describe different trading days and market conditions with distinct dates, price changes, and economic factors.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
22
sentences that state something as happening or true
Uncertain
5%
1 of 22 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-28 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Toronto Star · 11614 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
2026-10-26
Correction
2026-10-24
Correction
2026-10-07
Correction
2026-09-24
Correction

Who wrote this

Yuri Kageyama
13 article(s) here · 1 carrying a prediction
🔮 Markets took that to mean the Federal Reserve will be less likely to raise its benchmark rate.
🔮 The price is volatile because of uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East, including access to the Strait of Hormuz.
2026-09-28 · assertive framing · Asian shares trade mixed as oil prices rise
🔮 The price for a barrel of Brent remains much higher than the roughly $72 it cost before the war with Iran began and worries are running high that the war with Iran will keep oil bottled up in the Middle East for a long time.
🔮 When he switched to his current job, at a flower shop, he decided to take up a pursuit that was Japanese, so he could explore that aspect of himself, and one that could be done for a long time, alone.
🔮 Wall Street stocks got a boost after the price for a barrel of Brent crude oil slid from the nearly $110 it reached earlier in the week on worries that the war with Iran will keep oil bottled up in the Middle East instead of going to customers worldwide.
🔮 U.S. markets will be closed Monday for the Labor Day holiday.
Also by Yuri Kageyama
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 13 articles by Yuri Kageyama →

Topics

Asian Iran Nasdaq TOKYO U.S.

Subjects

U.S. GPE · 4× Iran GPE · 2× Nasdaq ORG · 2× Asian NORP · 1× Australia GPE · 1× Hang Seng ORG · 1× Hong Kong’s GPE · 1× Japan GPE · 1× South Korea’s GPE · 1× TOKYO GPE · 1×

Narrative

TOKYO (AP) — Asian shares were trading mixed Monday after a cooldown in oil prices last week helped U.S. stocks close out their first winning week in the last three. Japan’s benchmark Nikkei 225 was little changed, inching down less than 0.1% to 66,333.53.
framing: assertive · carried by 1 article(s) · first seen 2026-09-28
🔮 The price is volatile because of uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East, including access to the Strait of Hormuz.
2026-09-28 · Toronto Star
Asian shares trade mixed as oil prices rise · assertive framing

Claims (22 extracted, 1 hedged)

TOKYO (AP) — Asian shares were trading mixed Monday after a cooldown in oil prices last week helped U.S. stocks close out their first winning week in the last three. Japan’s benchmark Nikkei 225 was little changed, inching down less than 0.1% to 66,333.53. asserted
stocks → trade → 66,333.53
Australia’s S&P/ASX 200 added 0.3% to 8,688.60. asserted
S&P → add → 8,688.60
South Korea’s Kospi dipped 2.3% to 6,916.30. asserted
Kospi → dip → 6,916.30
Hong Kong’s Hang Seng rose 0.7% to 24,684.09, while the Shanghai Composite lost 1.7% to 3,820.82. asserted
Composite → rise → 3,820.82
In energy trading, benchmark U.S. crude gained 1% to $93.33 a barrel. asserted
crude → gain → 93.33
Brent crude, the international standard, rose 1.8% to $106.19 a barrel. asserted
crude → rise → 106.19
Last week, Brent oil had momentarily dropped to $97-levels. asserted
oil → drop → levels
The price is volatile because of uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East, including access to the Strait of Hormuz. asserted
oil → allow → Hormuz
On Wall Street, the S&P 500 added 0.5% to break a three-day losing streak marked by big swings due to rising yields in the bond market. asserted
S&P → add → market
The Dow Jones Industrial Average added 478 points, or 0.9%, and the Nasdaq composite climbed 0.5%. asserted
composite → add → points
Weighing on Wall Street last week were rising expectations for high inflation in the U.S. asserted
expectations → weigh → U.S.
That’s potentially dangerous for the economy because they could encourage behavior that leads to a vicious cycle that makes the cost of living spiral even higher. uncertain
cost → ’ → living
The yield on the 10-year Treasury briefly jumped to 5.22% last Friday, up from 5.18% late Thursday, and was near its highest level since 2007. asserted
yield → jump → 2007
High yields slow the economy by making it more expensive for everyone to borrow money, while undercutting prices for stocks and other investments. asserted
everyone → slow → stocks
The 10-year yield has been jumping since the start of the war with Iran, when it was at 3.97%. asserted
it → jump → %
But yields eased later in trading on Friday as the price of oil pulled lower, and the 10-year yield fell back to 5.15%. asserted
yield → ease → %
That helped stocks on Wall Street regain strength. asserted
stocks → help → strength
All told, the S&P 500 rose 39.28 points to 7,743.41. asserted
S&P → tell → 7,743.41
The Dow Jones Industrial Average jumped 478.64 to 51,828.62, and the Nasdaq composite gained 129.34 to 27,068.72. asserted
composite → jump → 27,068.72
In currency trading in Monday’s trading in Asia, the U.S. dollar rose to 157.76 Japanese yen from 157.19 yen. asserted
dollar → rise → yen
The euro cost $1.1392, little changed from $1.1393. asserted
euro → cost → 1.1393
__ AP Business Writer Stan Choe contributed to this report. asserted
Choe → contribute → report
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