S&P 500 closed at a record level, Japan – Korea stocks remained quiet
Asia-Pacific stocks were quite quiet in the morning session of April 8, although the S&P 500 index closed at a record level last night.
|Japan’s Nikkei 225 index fell 0.34% in the morning session of April 8. Photo: AFP|
Australian stocks rose the most among major stock markets in Asia – Pacific with the S & P / ASX 200 index up 1.18%.
In contrast, mainland Chinese stocks this morning “tinged with red” when the Shanghai Composite Index fell 0.26% and Shenzhen Component slipped close to the 0.258%. On the Hong Kong market, the Hang Seng index inched slightly by 0.14%.
In Japan, the Nikkei 225 decreased by 0.34% while the Topix index fell 0.69%. Meanwhile, South Korea’s Kospi index traded sideways. In general, the MSCI index in Asia – Pacific (excluding Japan) moved sideways.
US stocks last night recorded the S&P 500 index closed at a record 4,079.95 points after rising 0.15%. Meanwhile, the Dow Jones industrial average inched slightly 16.02 points to 33,446.26, while the tech-oriented Nasdaq Composite ended the session, slipping 0.1% to 13,688.84 points.
Wall Street stocks were mixed after the US Federal Reserve (Fed) announced the minutes of its March policy meeting with the content of maintaining the adaptive monetary policy. The meeting summary report indicated that Fed officials rate the economy with significant growth and they will observe this further growth before proceeding to adjust the super-loosening monetary policy.
On the money market, the US dollar index against other major currencies declined to 92,474, compared to 92.8 recorded earlier. Japanese Yen appreciated and converted 109.78 JPY “ate” 1 USD, compared with 110.5 JPY / USD set at the beginning of the week, while the Australian dollar dropped to 1 AUD for 0.7608 USD, from 1 AUD / 0.764 USD established yesterday.
Oil prices traded by Asian hours this morning went down, with Brent for futures down 0.6% to $ 62.78 / barrel, while the US crude futures price slipped 0.65% and traded. at 59.38 USD / barrel.