Expectations of an interest-rate cut in mid-2024 could trigger a reversal of capital flight from Hong Kong, easing the liquidity squeeze that has choked its financial arteries.
The week witnessed an impressive performance, with key indices such as BSE Sensex and Nifty50 closing at 72,240.26 and 21,731.4, respectively, reflecting gains of 1.60 percent and 1.78 percent.
The focal point of attention was Chinese consumer electronics giant Xiaomi, which unveiled ambitious plans to venture into China's highly competitive electric vehicle market.
The index, which attained a 33-year high in November, has navigated through various challenges, reflecting the adaptability of Japanese markets.
Finance Minister Choi Sang-mok assured that the Bank of Korea stands ready to deploy liquidity support measures through open market operations should the need arise.
The live session will commence with the pre-open session at 9 am, followed by the regular market opening at 9:15 am, and concluding at 10 am.
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