Asian markets are showing mixed trends in today’s session. As of 11:03 AM IST on October 15, 2024, major indices across the region experienced varying movements, with some posting gains while others faced declines.
Japan’s Nikkei 225 gained 0.98%, rising by 391.30 points to trade at 39,997.10, driven by positive sentiment and strong corporate earnings. South Korea’s KOSPI also managed a slight uptick, edging up by 0.16% (+4.26 points) to 2,627.55.
On the downside, China’s Shanghai Composite fell by 1.12%, shedding 36.48 points to settle at 3,247.84, as concerns over economic recovery weighed on investor sentiment. Hong Kong’s Hang Seng Index followed suit, dropping 1.89% (-392.15 points) to 20,700.72, pressured by ongoing geopolitical concerns.
Other key markets in the region also showed notable movements. Taiwan’s Weighted Index surged by 1.29% (+301.19 points) to 23,276.48, reflecting strong performance in the tech sector. Meanwhile, Indonesia’s Jakarta Composite Index rose 0.58% (+44.20 points) to 7,603.86, driven by gains in financial and energy stocks.
Overall, market sentiment remains mixed across Asia, with investors closely watching global developments and regional economic indicators.
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Always seek independent financial advice before making any investment decisions.
