Asia Pacific Markets Mostly Fall after 45-month High Japan Service PPI

On Monday morning (27 Nov, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major stock indices fell at the start of this week, after Japan’s service PPI published a 2.3% increase in October, a 45-month high since January 2020 at 2%.


Japan’s NIKKEI slid by 0.39% to 33,492.84. South Korea’s KOSPI rose by 0.28% to 2,503.5, and Australia’s ASX 200 fell by 0.41% to 7,011.8

As for Chinese indices, Shanghai’s SSEC edged down by 0.81% to 3,016.48. Hong Kong’s HSI fell by 0.81% to 17,416.54, and Shenzhen’s SZI dropped by 0.91% to 9,749.64.


Meanwhile, the US markets traded mixed as NVDA dropped by almost 2% and LLY and JNJ led the Healthcare Sector with 1% gain. The Dow Jones Industrial Average (DJIA) climbed by 0.33% to 35,390.15. NASDAQ slid by 0.11% to 14,250.85 and S&P 500 edged up by 0.06% to 4,559.34. VIX dropped by 2.66% to 12.46.


As for last night commodities futures, Brent settled lower by 0.44% to $81.06 per barrel. Meanwhile, the US West Texas Intermediate (WTI) slid by 1.41% to $76.01 a barrel.

As for this morning, Brent dropped by 0.5% to $80.18 a barrel. However, WTI dropped 0.53% to $75.14 per barrel. Furthermore, the gold futures slightly edged up by 0.32% to $2,009.5 per Troy ounce.