Asia Pacific Markets Trade Mixed as Investors Assess Economic Data from S.Korea and Australia

On Tuesday morning (2 Apr, 9:38 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed despite the increase in Hong Kong stocks, leading by an increase of nearly 15% of Xiaomi share prices during the trading session. Meanwhile, investors digested South Korea’s March inflation, which remained steady at 3.1%, and Australia’s PMI, which decreased to 47.3 in March from 47.8 in February.


Japan’s NIKKEI climbed by 0.27% to 39,910.84. South Korea’s KOSPI surged by 0.19% to 2,753.14, while Australia’s ASX 200 slid by 0.01% to 7,896.5.

As for stocks in China, Shanghai’s SSEC dropped by 0.22% to 3,070.72. Shenzhen’s SZI contracted by 0.85% to 9,565.53, while Hong Kong’s HSI jumped by 2.34% to 16,929.12.


Meanwhile, the US stock markets were mixed on Monday as the Dow Jones Industrial Average (DJIA) decreased 0.6% to 39,566.85. S&P 500 declined by 0.2% to 5,243.77, while NASDAQ rose by 0.11% to 16,396.83. VIX jumped by 4.92% to 13.65.


As for commodities, oil prices settled higher on Monday following the reports on the missile attack in Damascus, Syria, which could potentially escalate tension in the Middle East. Brent gained 42 cents or 0.48% to $87.42 per barrel, and the West Texas Intermediate (WTI) grew 54 cents or 0.65% to $83.71 a barrel.

This morning, Brent edged up 30 cents or 0.34% to $87.72 a barrel, and WTI gained 31 cents or 0.37% to $84.02 per barrel.

Meanwhile, gold futures rose by 0.49% to $2,268.1 per Troy ounce.