Asia Pacific Markets Mostly Rise as Tech Stocks Rally in Wall Street

On Tuesday morning (21 Nov, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major indices mostly rose as last night US tech stocks rallied. The tech rally continued through Asia markets, especially in Hong Kong’s and Taiwan’s bourses.


Japan’s NIKKEI were unchanged at 33,387.58. South Korea’s KOSPI continued to rise by 0.87% to 2,512.95, and Australia’s ASX 200 edged up by 0.24% to 7,075.5.

As for Chinese stocks, Shanghai’s SSEC climbed by 0.52% to 3,084.16. Hong Kong’s HSI jumped by 1.25% to 18,000.75, and Shenzhen’s SZI recovered by 0.58% to 10,080.41.


Meanwhile, most US stocks rose on Monday night as Microsoft hit a 52-week high, after the news that the former OpenAI Chief will join the AI research team, causing a 2% gain on MSFT and other stocks in the tech sector like NVDA that gained more than 2% as well. Other notable stocks are BA that gained over 4.5% , while BMY dropped almost 4%.

Dow Jones Industrial Average (DJIA) climbed by 0.58% to 35,151.04. NASDAQ jumped by 1.13% to 14,284.53 and S&P 500 rose by 0.74% to 4,547.38. On the other hand, VIX fell by 2.83% to 13.41 as markets rose.


As for commodities futures, crude oil futures continued to rise by another 2%. Brent settled higher by 2.12% to $82.32 per barrel, while the West Texas Intermediate (WTI) rose by 2.25% to $77.60 a barrel.

As for this morning, Brent edged down by 0.23% to $82.13 a barrel and WTI was unchanged at $77.6 per barrel. Furthermore, the gold futures climbed by 0.58% to $1,991.7 per Troy ounce.