Asia Pacific Markets Trade Mixed as Investors Anticipating US-China President Meeting 

On Monday morning (13 Nov, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major indices started the week with mixed trades. The market anticipated US and China president Joe Biden and Xi Jinping meeting this week in California, USA, to talk on trades and the recently worsen relationship issues.


Japan’s NIKKEI rose by 0.43% to 32,709.75. South Korea’s KOSPI edged down by 0.04% to 2,408.59, and Australia’s ASX 200 slid by 0.1% to 6,969.6.

As for stocks in China, Shanghai’s SSEC edged down by 0.16% to 3,034.15. Hong Kong’s HSI climbed by 0.25% to 17,246.78, and Shenzhen’s SZI slid by 0.07% to 9,971.64.


As for the US markets Friday night, most stocks rose higher, especially the semiconductors, led by AVGO and AMAT that jumped by over 5%.

Dow Jones Industrial Average (DJIA) rose by 1.15% to 34,283.1. NASDAQ jumped by 2.05% to 13,798.11 and S&P 500 rose by 1.59% to 4,415.24. On the other hand, VIX crashed by 7.33% to 14.17 as the market rose.


As for commodities futures, Brent settled higher by 0.91% at $80.74 per barrel, while the West Texas Intermediate (WTI) also rose by 0.87% to $76.40 a barrel.

As for this morning, Brent dropped by 0.58% to $80.96 a barrel and WTI also went down by 0.6% to $76.71 per barrel as well. Furthermore, the gold futures edged up by 0.34% to $1,944.2 per Troy ounce after it fell from $2,000 in the past recent week.