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  • Ahmed Saleh

Asian stocks varied in Thursday trading, per Associated Press report

Bangkok, February 01, 2024, In Thursday's trading session, the Asian stock market displayed a mixed performance, as reported by the Associated Press. The Hang Seng in Hong Kong showed early promise but relinquished a significant portion of its gains, ultimately rising by 0.8% to 15,601.77. Conversely, the Shanghai Composite index experienced a 0.4% decline, closing at 2,779.15.

Tokyo's Nikkei 225 faced a downturn, sinking by 0.9% to 35,975.44, while Seoul's Kospi saw a positive trajectory with a 1.7% climb to 2,538.76. Meanwhile, the S&P/ASX 200 in Australia struggled, posting a 1.2% decrease to 7,588.20.

The Bangkok SET index exhibited a modest 0.5% increase, and the Sensex in India inched up by 0.1%.

Shifting to commodities, in Thursday's trading, the US benchmark crude oil showed a gain of 16 cents, reaching $76.01 per barrel on the New York Mercantile Exchange. Simultaneously, Brent crude, the global standard, increased by 14 cents to $80.69 per barrel.

In currency markets, the US dollar experienced a slight decline against the Japanese yen, slipping to 146.88 from 146.92 yen. Similarly, the euro saw a marginal decrease, falling to $1.0803 from $1.0817.

Overall, the day's market movements reflected a nuanced and varied picture across different Asian indices and financial instruments.

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