Asia Pacific Markets Decrease as China Holds Loan Prime Rates Steady

On Thursday morning (20 June, 9:33 AM, GMT+7, Bangkok time), most indices in Asia Pacific decreased as China held one- and five-year loan prime rates steady at 3.45% and 3.95%, respectively.


Japan’s NIKKEI dropped by 0.73% to 38,287.92. Australia’s ASX 200 edged down by 0.08% to 7,763.4, while South Korea’s KOSPI increased by 0.12% to 2,800.65.

As for stocks in China, Shanghai’s SSEC dipped by 0.1% to 3,015.15. Shenzhen’s SZI contracted by 0.69% to 9,155.34, while Hong Kong’s HSI climbed by 0.02% to 18,434.24.


Meanwhile, the US stock markets were closed on Wednesday for a holiday.


As for commodities, oil prices slightly declined on Wednesday following a positive sentiment from summer demand and worries about escalating conflicts, offsetting the impact of an industry report revealing an unexpected increase in U.S. crude inventories. Brent futures dipped 6 cents or 0.1% to $85.27 a barrel by 1943 GMT, and the West Texas Intermediate (WTI) slid 10 cents or 0.1% to $81.47.

This morning, Brent futures gained 3 cents or 0.04% to $85.1 a barrel, while the WTI lost 19 cents or 0.23% to $81.38 per barrel.

Meanwhile, gold futures increased by 0.12% to $2,349.7 per Troy ounce.