Pacific markets traded mixed on Friday. This follows after losses on Wall Street, with concerns over Middle East tensions keeping investors on edge. U.S. crude futures rose around 5% overnight and ticked higher again on Friday morning on concerns that Israel could strike Iran's oil industry in retaliation for Tehran's missile attack this week.

Shares in Hong Kong jumped while most other markets in Asia and Europe eked out small gains. Oil prices rose as investors awaited Israel's response to Iran's Tuesday missile attack. China’s markets remained closed for Golden Week holidays.

Oil prices rose further Friday as tensions mount in the Middle East, while Hong Kong's stock markets resumed a rally caused by China's recently-announced measures to stimulate its economy.

Hong Kong stocks resumed their China-fuelled rally Friday on a broadly positive day for Asian markets, while oil prices extended gains after soaring on fears over the ongoing conflict in

Hong Kong stocks resumed their China-fuelled rally Friday on a broadly positive day for Asian markets while oil prices stabilised after soaring on fears about the Middle East crisis as