Asia Pacific Markets Fall despite China’s Manufacturing Gauge Expands

On Friday morning (1 Dec, 9:30 AM, GMT+7, Bangkok time), Asia Pacific major indices edged lower as investors were assessing the situation amid mixed economic data across the region, while China’s manufacturing sector surprisingly grew.


Japan’s NIKKEI edged down by 0.13% to 33,441.95. South Korea’s KOSPI dropped 0.78% to 2,515.4, and Australia’s ASX 200 fell by 0.41% to 7,058.5.

As for stocks in China, Shanghai’s SSEC slid by 0.29% to 3,020.98. Hong Kong’s HSI fell by 0.57% to 16,946.08, and Shenzhen’s SZI dropped by 0.71% to 9,658.09.


Meanwhile, last night, the US stocks market traded mixed as CRM in the Software Sector rose by 9.36%, while NVDA in the Semiconductors Sector fell by 2.85%.

Dow Jones Industrial Average (DJIA) rose by 1.47% to 35,950.89. NASDAQ edged down by 0.23% to 14,226.22, and S&P 500 climbed by 0.38% to 4,567.8. VIX slid by 0.46% to 12.92.


As for commodities, oil prices fell despite OPEC+ members approved to continue oil cuts in the first quarter of next year.

Brent settled lower by 0.3% to $82.83 per barrel, and the West Texas Intermediate (WTI) dropped by 2.4% to $75.96 a barrel. 

As for this morning, Brent remained unchanged at $82.83 a barrel, and WTI slid by 0.54% to $75.55 per barrel. Furthermore, gold futures edged up by 0.24% to $2,042.9 per Troy ounce.