Hong Kong, October 23, 2023, As reported by The Associated Press, Asian stock markets experienced a decline on Monday. Tokyo's Nikkei 225 index recorded a 0.8% drop, closing at 31,007.12, while Seoul's Kospi lost 0.5%, settling at 2,363.67. Australia's S&P/ASX 200 followed suit, with a 1% decrease to 6,837.70.
In contrast, India's Sensex managed a marginal 0.1% gain. In the oil market, the price of benchmark US oil decreased by 80 cents to reach $87.30 per barrel. Simultaneously, Brent crude, the international trading standard, saw a 64-cent drop, closing at $91.52 per barrel.
In currency trading, the US dollar strengthened, rising to 149.94 Japanese yen from the previous rate of 149.87 yen. Meanwhile, the euro experienced a decline, pricing at $1.0577, down from $1.0600 as of late Friday. This shift in financial markets reflects the prevailing economic dynamics in the region.
