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  • Ahmed Saleh

Asian markets open week positively, according to Associated Press

Hong Kong, January 29, 2024, Asian markets started the week on a positive note, as reported by the Associated Press (AP). The Hang Seng in Hong Kong saw a 0.9% increase, reaching 16,102.02, while the Shanghai Composite index experienced a 0.9% drop to 2,883.36.

Meanwhile, Tokyo’s Nikkei 225 index climbed by 0.8%, reaching 36,026.94, and in Korea, the Kospi recorded a 0.9% jump to 2,500.65. The SET in Bangkok rose by 0.4%, and Australia’s S&P/ASX 200 was 0.3% higher at 7,576.60.

In energy trading, benchmark US crude rose by 40 cents to $78.41 a barrel on the New York Mercantile Exchange. Brent crude, the international standard, added 42 cents to $83.37 a barrel.

Regarding currency trading, the US dollar slipped to 147.81 Japanese yen from 148.11 yen. The euro was priced at $1.0843, down from $1.0846. The market movements reflect the dynamic nature of the global financial landscape and ongoing trends in energy and currency markets.

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