The blue-chip index saw its best numbers since 20 July 2015.
Nomura Holdings has advised investors to keep away from China's market.
The S&P 500 also made gains while the Nasdaq Composite underperformed to end lower.
Kuwait strike has affected more than 60% of the country's oil production.
Stocks close the highest in months despite a disappointing meeting among oil producers.
This follows failed talks among oil producing nations such as Saudi Arabia and Russia in Doha on 17 April.
Talks collapse over Saudi insistence that Iran too must take part in capping output.
Talks fail after Saudi Arabia demands arch-rival Iran's participation in freeze.
Overall investors remained cautious ahead of the 17 April meeting between oil producing nations at Doha.
Monetary Authority of Singapore said it would not seek appreciation of its local currency.
$19.6m package is opposed by Aberdeen Asset Management, Royal London Asset Management, ShareSoc and ISS.
Shares have struggled over the past year, but these funds have outperformed the pack.
Exports jump 11.5% year-on-year in March, rebounding from 25% slump in previous month.
Markets expect a tough US earnings season to dampen sentiment.
Saudi Arabia, Russia and about 13 other major oil producers expected to meet at the Qatari capital on 17 April.
China CPI rose 2.3% in March, while its PPI declined 4.3% for the month.
Shares in Hong Kong and Japan gain ground but Shanghai Composite Index closes week down 1%.
The dollar fell to an 18-month low against the Japanese yen.
From AstraZeneca to Royal Mail, here are the places you should be investing your savings this tax year.
The US Fed is unlikely to raise interest rates before June amid the global economic slowdown.
The Dow Jones closed up after a disappointing session on 5 April.
The Caixin services purchasing managers' index was 52.2 for March, indicating expansion.
The Dow Jones dropped 133 points, its worst one-day drop since 23 February.
US stocks suffer losses after Asian and European markets post sharp declines and oil prices slide.
Taqa, BP and Shell operators are expected to lose out from the closures.
Oil prices declined over reduced chances of an output freeze.
The Bank of England is said to have considered a Far East crash as one of the possible reasons for the next recession.
Crude oil futures slipped to settle at $35.70 a barrel following comments by a Saudi Arabian prince.
US stocks edge lower though investors remain buoyed by a dovish Fed's stance and positive economic data.
With the UK tax changes coming into force, landlords should look elsewhere for investment opportunities.