Kospi, Hang Seng Index, Nikkei 225
Sunset scene of light trails speeding up at an intersection in Seoul’s Gangnam central business district in Seoul, South Korea
Mongkol Chuewong | An | Getty Images
Asia-Pacific markets were mixed on Thursday as investors evaluated the Bank of Korea’s latest policy decision.
South Korea’s central bank kept its benchmark interest rate at 2.50%, in line with Reuters expectations, as the recent decline in the won narrowed the room for policy easing.
The country’s benchmark index Kospi increased by 1.58%, reaching its record high level of 4,797.55, while the small-cap Kosdaq increased by 0.95% and finished the trading day at 951.16. The South Korean won weakened by around 0.2% against the dollar, falling to 1,466.6.
Nikkei 225 It decreased by 0.42% to 54,110.5 points, while Topix increased by 0.68% to 3,668.98 points. Australia’s S&P/ASX 200 index increased by 0.47% to 8,861.7 points.
shares Toyota Industries increased by 5.8% after Toyota Engines he said late Wednesday. It had agreed to increase its bid for Toyota Industries to 18,800 yen ($118.11) per share.
of hong kong Hang Seng index It lost 0.66%, while the CSI 300 fell 0.42%.
Trip.com’s shares fell as much as 21%, making it the worst bottom on the Hong Kong index after China’s market regulator said on Wednesday it had launched an investigation into the online travel platform for suspected monopolistic behavior. The company last traded 17.2% lower.
The Japanese yen gained marginally against the dollar to 158.34. Markets are awaiting possible intervention from Japanese authorities after the currency fell to an 18-month low earlier this week.
Indian markets were closed for holidays.
Last night in the US, stocks fell for a second session and retreated further from record levels as traders digested new profit reports and followed geopolitical developments.
S&P 500 It closed at 6,926.60, down 0.53%. Dow Jones Industrial Average It ended at 49,149.63, losing 42.36 points or 0.09%. Nasdaq Composite It fell 1% to 23,471.75. This was the second consecutive day of losses for all three indexes.
Technology has bogged down the broader market. Chip stocks were particularly hurt. broadcom fell 4% and Nvidia And Micron Technology each fell more than 1%. On Wednesday, Reuters reported that Chinese customs officials, citing people with knowledge of the matter, I gave advice to customs agents Nvidia’s H200 chips are not allowed into the country.
— CNBC’s Sean Conlon and Pia Singh contributed to this report.
