Asia Pacific Markets Trade Mixed as Investors Prepare for Economic Data in the Region

On Wednesday morning (27 Mar, 9:39 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed as investors prepared to digest February inflation figures from Australia and industrial profit data from China.


Japan’s NIKKEI rose by 0.91% to 40,767.55. Australia’s ASX 200 climbed by 0.24% to 7,798.6, while South Korea’s KOSPI slid by 0.22% to 2,751.14.

As for stocks in China, Shanghai’s SSEC decreased by 0.58% to 3,013.85. Hong Kong’s HSI dipped by 0.38% to 16,554.53, and Shenzhen’s SZI slumped by 1.27% to 9,328.95.


Meanwhile, the US stock markets edged down on Tuesday as the Dow Jones Industrial Average (DJIA) contracted by 0.08% to 39,282.33. NASDAQ fell by 0.42% to 16,315.7, and S&P 500 lost 0.28% to 5,203.58. VIX climbed by 0.38% to 13.24.


As for commodities, oil prices settled lower on Tuesday as oil traders weighed the crude outlook, which was affected by conflicts in Eastern Europe and the Middle East. Brent declined 50 cents or 0.58% to $86.25 per barrel, and the West Texas Intermediate (WTI) dropped 33 cents or 0.4% to $81.62 a barrel.

This morning, Brent declined 83 cents or 0.96% to $85.42 a barrel, and WTI dropped 71 cents or 0.87% to $80.91 per barrel.

Meanwhile, gold futures edged down by 0.09% to $2,197.3 per Troy ounce.