Asia Pacific Markets Drop Following the Fall in Wall Street

On Thursday morning (21 Dec, 9:31 AM, GMT+7, Bangkok time), Asia Pacific major indices dropped following the fall in Wall Street, while investors were anticipating GDP and Personal Consumption Expenditures price from the US.


Japan’s NIKKEI slid by 1.58% to 33,145.03. South Korea’s KOSPI decreased by 0.69% to 2,596.27, and Australia’s ASX 200 edged down by 0.47% to 7,502.4.

As for stocks in China, Shanghai’s SSEC fell by 0.44% to 2,889.36. Hong Kong’s HSI dropped by 0.79% to 16,483.32, and Shenzhen’s SZI slumped by 0.33% to 9,128.58. 


Meanwhile, the US stocks market decreased on Wednesday as the Dow Jones Industrial Average (DJIA) edged down by 1.27% to 37,082. NASDAQ slid by 1.5% to 14,777.94, S&P 500 dropped by 1.47% to 4,698.35. VIX increased by 9.1% to 13.67.


As for commodities, oil prices settled higher as the concerns among investors arose regarding the uncertainty of the situation in the Red Sea.

On Wednesday, Brent rose by 0.6% to $79.70 per barrel, and the West Texas Intermediate (WTI) edged up by 0.4% to $74.22 a barrel. 

As for this morning, Brent fell by 0.59% to $79.23 a barrel, and WTI decreased by 0.58% to $73.79 per barrel. Gold futures remained unchanged at $2,047.6 per Troy ounce.