Asia Pacific Markets Edge Higher as China and Australia Extend Gains

On Thursday morning (28 Dec, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific mostly increased as China continued its gain for two days in a row, and Australia also held its high position and extended its positive trend.


South Korea’s KOSPI increased by 0.81% to 2,634.57. Australia’s ASX 200 edged up by 0.49% to 7,598.3, while Japan’s NIKKEI slid by 0.64% to 33,466.17.

As for stocks in China, Shanghai’s SSEC rose by 0.63% to 2,932.94. Hong Kong’s HSI grew by 1.08% to 16,804.38, and Shenzhen’s SZI climbed by 1.53% to 9,332.72. 


Meanwhile, the US stocks market grew on Wednesday as the Dow Jones Industrial Average (DJIA) edged up by 0.3% to 37,656.52. NASDAQ rose by 0.16% to 15,099.18, and S&P 500 gained 0.14% to 4,781.58. VIX decreased by 4.31% to 12.43.


As for commodities, oil prices settled lower on Wednesday as investors continued to keep their eye on the attack in the Red Sea, while some shipping companies, such as Maersk, had scheduled their shipments despite further attacks on Tuesday. Brent declined by 1.8% to $79.65 per barrel, and the West Texas Intermediate (WTI) fell by 1.9% to $74.11 a barrel. 

This morning, Brent increased by 0.21% to $79.82 a barrel, and WTI climbed by 0.2% to $74.26 per barrel. 

Meanwhile, gold futures rose by 0.21% to $2,097.4 per Troy ounce.