The Asian markets witnessed a mix of gains and losses by mid-day trading on October 21, 2024, with some key indices showing positive momentum while others faced declines.
- KOSPI in South Korea led the gains with a 0.62% rise, adding 15.97 points to reach 2,609.79, supported by strong investor sentiment.
- Nikkei 225 in Japan was up 0.13%, gaining 52.44 points to trade at 39,034.19, indicating resilience in the Japanese market.
- Taiwan Weighted also recorded a gain of 0.17%, rising by 40.40 points to hit 23,527.67, showing a steady uptrend.
On the other hand, markets like Hong Kong and Singapore experienced significant downturns:
- Hang Seng in Hong Kong saw a sharp decline of 0.99%, dropping 205.30 points to 20,598.81, as investor sentiment remained weak.
- Straits Times in Singapore fell by 0.50%, losing 18.10 points to trade at 3,622.09.
Other notable market moves include:
- GIFT Nifty in India dropped by 0.14%, trading at 24,855.50, down 35.50 points.
- SET Composite in Thailand slipped 0.20% to 1,486.81, down 3.01 points.
Despite the losses in some markets, Jakarta Composite in Indonesia managed to rise by 0.27%, gaining 20.58 points to reach 7,780.64, while Shanghai Composite in China also saw a gain of 0.54%, rising 17.63 points to 3,279.19.
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.
