Asia Pacific Markets Trade Mixed as Wall Street Rebound

On Tuesday morning (23 Apr, 9:20 AM, GMT+7, Bangkok time), major indices in Asia Pacific traded mixed as tech stocks in the US markets rebounded. Meanwhile, investors awaited the announcement of flash business activity figures from Australia, Japan and India.


Japan’s NIKKEI slid by 0.03% to 37,426.79. South Korea’s KOSPI decreased by 0.25% to 2,622.84, while Australia’s ASX 200 edged up by 0.35% to 7,675.7.

As for stocks in China, Shanghai’s SSEC dropped by 0.59% to 3,026.72. Shenzhen’s SZI contracted by 0.5% to 9,193.14, while Hong Kong’s HSI rose by 0.97% to 16,672.01.


Meanwhile, the US stock markets edged up on Monday as the Dow Jones Industrial Average (DJIA) climbed by 0.67% to 38,239.98. NASDAQ jumped by 1.11% to 15,451.31, and S&P 500 increased by 0.87% to 5,010.6. VIX slumped by 9.46% to 16.94.


As for commodities, oil prices settled lower on Monday as the Iranian Foreign Minister stated that the country had no plan to escalate conflict with Israel. Brent lost 29 cents or 0.33% to $87 per barrel, and the West Texas Intermediate (WTI) contract for May declined 29 cents or 0.34% to $82.85 a barrel.

This morning, Brent gained 22 cents or 0.25% to $87.22 a barrel, and the WTI contract for June grew 23 cents or 0.28% to $82.13 per barrel.

Meanwhile, gold futures dropped by 1.02% to $2,322.4 per Troy ounce.