Almost all of Asia Pacific major indices rose on Thursday morning (12 Oct, 9:30 AM, GMT+7, Bangkok time). The market jumped ahead of super Thursday inflation data unloading, from both the US and China that will be published later tonight.
Hong Kong’s HSI led the market today with 1.68% gain, hiking the index to 18,194. Japan’s NIKKEI followed with a 1.26% gain, moving the index to 32,339. South Korean KOSPI still continued to gain by 1% to 2,474, while the only major index that didn’t follow the trend was New Zealand’s NZX 50 yet again, with a 0.18% drop to 11,285.
On the other hand, US indices also rose last night as Dow Jones (DJIA) edged up by 0.19% to close at 33,804. NASDAQ jumped by 0.71% to close at 13,659 and S&P 500 also rose by 0.43% to close at 4,376. Meanwhile, both near-term Futures contracts (Dec ’23) prices were hovering around the same at their closed levels, which were 34,044, 15,418 and 4,419, respectively.
As for the crude oil, WTI (Nov ’23) fell more than 4% from last night’s peak at $86.5 per barrel to $82.9 this morning, same as Brent that fell from its peak at $88.2 to $85.2. Natural gas also fell over 6% from its peak at $3.45 per MMBTU to $3.22, but recovered back to $3.38 this morning.
Lastly, gold (Dec ’23) hiked by 0.9% from $1,873 per Troy ounce last night to $1,890 this morning.
