Asian markets witnessed a mixed performance on October 21, 2024, with major indices showing divergent trends.
The Kospi in South Korea rose 0.75%, gaining 19.33 points to reach 2,613.15. The market saw positive momentum despite some bearish signals earlier in the session.
On the other hand, Hong Kong’s Hang Seng index fell 0.83%, shedding 171.64 points to settle at 20,632.47. Weak performance in certain sectors contributed to the decline.
In Japan, the Nikkei 225 posted a modest gain of 0.23%, climbing 87.76 points to end at 39,069.51. Despite the slight increase, investor sentiment remained cautious amid mixed economic signals.
Meanwhile, China’s Shanghai Composite index declined 0.25%, losing 8.30 points to close at 3,253.26. The market saw some profit-taking as concerns over the economic outlook lingered.
Other major indices across Asia showed similar volatility, reflecting ongoing global economic uncertainties.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult a financial advisor before making any investment decisions.
