Asia Pacific Markets Trade Mixed as Israel-Hamas Truce Extended

On Tuesday morning (28 Nov, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major indices traded mixed as the oil prices calmed down after the situation between Israel and Hamas became less intense following an extension of truce.


Japan’s NIKKEI fell by 0.11% to 33,410.27. South Korea’s KOSPI rose by 0.62% to 2,511.07, and Australia’s ASX 200 edged up by 0.55% to 7,026.1.

As for stocks in China, Shanghai’s SSEC slid by 0.04% to 3,030.47. Hong Kong’s HSI slid by 0.41% to 17,452.8, and Shenzhen’s SZI edged up by 0.08% to 9,792.98.


Meanwhile, last night most US stocks edged down as AVGO dropped by 2.92%, META slid by 1.04%, with LLY and JNJ fell by 1.59% and 0.80%, respectively. Dow Jones Industrial Average (DJIA) slid by 0.16% to 35,333.47. NASDAQ edged down by 0.07% to 14,241.02 and S&P 500 fell by 0.2% to 4,550.43. VIX edged up by 1.85% to 12.69. 


As for commodities, oil prices settled a bit lower on Monday, while investors waited for OPEC+ meeting later this week. Brent fell by 0.74% to $79.98 per barrel, and the West Texas Intermediate (WTI) dropped by 0.9% to $74.86 a barrel.

As for this morning, Brent edged up by 0.46% to $80.35 a barrel, WTI edged up by 0.48% to $75.22 per barrel. Furthermore, the gold futures climbed by 0.12% to $2,014.8 per Troy ounce.