Asia Pacific Markets Rise as Investors Eye Economic Data in the Week

On Monday morning (22 Apr, 9:30 AM, GMT+7, Bangkok time), major indices in Asia Pacific rebounded from the decrease on Friday as investors kept their eyes on economic data from China, Japan, and South Korea coming this week.


Japan’s NIKKEI rose by 0.63% to 37,300.04. South Korea’s KOSPI grew by 0.98% to 2,617.38, and Australia’s ASX 200 edged up by 0.97% to 7,640.6.

As for stocks in China, Shanghai’s SSEC climbed by 0.03% to 3,066.28. Hong Kong’s HSI jumped by 2.27% to 16,591.98, and Shenzhen’s SZI increased by 0.28% to 9,305.32.


Meanwhile, the US stock markets edged down on Friday as NASDAQ slumped by 2.05% to 15,282.01. S&P 500 slid by 0.88% to 4,967.23, while the Dow Jones Industrial Average (DJIA) rose by 0.56% to 37,986.4. VIX jumped by 3.94% to 18.71.


As for commodities, oil prices settled higher on Friday despite the fact that traders saw limited downside risks from the conflict in the Middle East. Meanwhile, the rise in prices was due to emerging concern over supply disruption around the Persian Gulf. Brent increased 18 cents or 0.21% to $87.29 per barrel, and the West Texas Intermediate (WTI) rose 41 cents or 0.5% to $83.14 a barrel.

This morning, Brent lost 67 cents or 0.77% to $86.62 a barrel, and WTI dropped 22 cents or 0.26% to $82.92 per barrel.

Meanwhile, gold futures declined by 0.99% to $2,389.9 per Troy ounce.