Hong Kong, January 22, 2024, Asian markets displayed a mixed performance on Monday, with Wall Street's return to record highs on Friday influencing global sentiments. However, Hong Kong's benchmark experienced a significant decline of nearly 3%, remaining close to a 15-month low.
In specific market movements:
- Tokyo's Nikkei 225 index gained 1.7%, reaching 36,580.00.
- Hong Kong's Hang Seng lost 2.8%, settling at 14,877.50.
- The Shanghai Composite index was down 2.5% at 2,760.73.
- Korea's Kospi fell 0.4% to 2,476.14.
- Australia's S&P/ASX 200 advanced 0.8% to 7,476.60.
- In Bangkok, the SET was down 0.6%, while in Taiwan, the Taiex gained 0.8%.
In energy trading, benchmark US crude dropped 31 cents to $72.94 a barrel, while Brent crude, the international standard, lost 35 cents to $78.21 a barrel.
US futures showed positive momentum, while oil prices experienced a decline.
Currency-wise, the US dollar slightly decreased to 148.09 Japanese yen from 148.14 yen, and the euro edged up to $1.0904 from $1.0897. Overall, these market movements reflect a combination of global economic factors and regional dynamics influencing investor sentiment.
