Asia Pacific Markets Trade Mixed as China Eases Gaming Curb

On Wednesday morning (27 Dec, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed as online game stocks in China bounced back in the early morning after the government turned around its gaming curb, but lost gain as the session progressed. Meanwhile, Australia’s ASX200 rose to its highest level since April 2022. 


Japan’s NIKKEI rose by 1.23% to 33,714.95. South Korea’s KOSPI decreased by 0.01% to 2,602.21, and Australia’s ASX 200 edged up by 1.04% to 7,579.7.

As for stocks in China, Hong Kong’s HSI rose by 0.75% to 16,463.59, while Shanghai’s SSEC fell by 0.19% to 2,893.39, and Shenzhen’s SZI dipped by 0.19% to 9,139.77. 


Meanwhile, the US stocks market grew on Tuesday as the Dow Jones Industrial Average (DJIA) edged up by 0.43% to 37,545.33. NASDAQ rose by 0.54% to 15,074.57, and S&P 500 gained 0.42% to 4,774.75. VIX decreased by 0.31% to 12.99.


As for commodities, oil prices settled higher on Tuesday as the attack in the Red Sea spurred concerns among shipping, and US interest rate cuts next year are hoped to lift fuel demand. Brent grew by 2.5% to $81.07 per barrel, and the West Texas Intermediate (WTI) edged up by 2.7% to $75.57 a barrel. 

This morning, Brent decreased by 0.32% to $80.81 a barrel, and WTI declined by 0.46% to $75.22 per barrel. 

Meanwhile, gold futures rose by 0.35% to $2,077 per Troy ounce.