December 05, 2024 05:45 GMT
ASIA STOCKS: Stocks Mixed Across the Region as Korea Continues to Fall.
ASIA STOCKS
- The KOSPI continued to fall today amidst ongoing political tensions, as the BOK continues to re-assure markets of their provision of liquidity.
- Despite this the KOSPI was down -0.70% to be down over 2% in the last two trading sessions.
- In China the major indexes were mixed with Hang Seng down -1.15%, CSI 300 -0.25% whilst Shanghai up +0.08% and Shenzhen up +0.55%.
- South East Asian indices were down with Jakarta lagging down -0.45% and Malaysia down -0.04%.
- Singapore was a strong performer with the FTSE Straits Times up +0.66%.
- In India, the NIFTY 50 having had three days of positive returns is opening up weaker by -0.26% as traders become more balanced on the possibility of a rate cut from the RBI tomorrow.
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