Asia Pacific Markets Edge Up Following the Extended Rise in Japan Stocks

On Thursday morning (11 Jan, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific edged up as Japan stocks continued their positive trend ahead of US inflation data for December, while the Bank of Korea kept the country’s benchmark lending rate unchanged.


Japan’s NIKKEI rose by 1.94% to 35,109.42. South Korea’s KOSPI grew by 0.22% to 2,547.67, and Australia’s ASX 200 edged up by 0.44% to 7,501.7.

As for stocks in China, Shanghai’s SSEC increased by 0.07% to 2,879.81. Hong Kong’s HSI gained 1.42% to 16,325.87, and Shenzhen’s SZI surged by 0.64% to 8,979.96.


Meanwhile, the US stocks market edged higher on Wednesday as the Dow Jones Industrial Average (DJIA) gained 0.45% to 37,695.73. NASDAQ rose by 0.75% to 14,969.65, and S&P 500 grew by 0.57% to 4,783.45. VIX decreased by 0.55% to 12.69.


As for commodities, oil prices settled lower on Wednesday as the US Energy Information Administration (EIA) addressed larger-than-expected rises in crude oil stockpiles, gasoline, and distillates, raising concerns as the demand and supply in the market differed. Brent dropped by 1% to $76.80 per barrel, and the West Texas Intermediate (WTI) decreased by 1.2% to $71.37 a barrel.

This morning, Brent edged up by 0.4% to $77.11 a barrel, and WTI grew by 0.39% to $71.65 per barrel. 

Meanwhile, gold futures increased by 0.39% to $2,035.8 per Troy ounce.