Asia Pacific Markets Trade Mixed with Higher Inflation in Japan

On Friday morning (24 Nov, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major stock indices traded mixed after Japan published its inflation indicator, the October National CPI at 3.3% YoY, higher than the previous month of 3.0%, while the November Manufacturing PMI came out at 48.1, slightly worse than previous month of 48.7.


Japan’s NIKKEI rose by 0.93% to 33,761.77. South Korea’s KOSPI slid by 0.33% to 2,506.76, and Australia’s ASX 200 climbed by 0.38% to 7,056.

As for Chinese indices, Shanghai’s SSEC edged down by 0.24% to 3,054.59. Hong Kong’s HSI fell by 1.46% to 17,649.6, and Shenzhen’s SZI dropped by 0.45% to 9,888.74.


Meanwhile, the US markets were closed during the Thanksgiving holiday, all of its indexes stood at the same level as the day before.

Dow Jones Industrial Average (DJIA) was at 35,273.03. NASDAQ was at 14,265.86 and S&P 500 was at 4,556.62. VIX stood at 12.85.


As for last night commodities futures, Brent settled lower by 0.66% to $81.42 per barrel. Meanwhile, the US West Texas Intermediate (WTI) stood at $77.10 a barrel, due to the Thanksgiving holiday.

As for this morning, Brent climbed by 0.38% to $81.73 a barrel. However, WTI dropped 0.49% to $76.72 per barrel, as the early bird traders started to emerge after the holiday pause. Furthermore, the gold futures slightly edged up by 0.04% to $1,993.5 per Troy ounce, as it is trying to take the $2,000 for many past days.