Tuesday, 29 April 2025

Asia Stock Markets Mixed

Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record, the Associated Press reported.

The Shanghai Composite Index rose 0.8% to 3,626.58. The Nikkei 225 in Tokyo shed 0.3% to 28,826.41 while Hang Seng in Hong Kong advanced 0.2% to 23,134.88.

The Kospi in Seoul declined 0.4% to 2,983.48 and Sydney’s S&P-ASX 200 was off 0.3% at 2,981.24.

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India’s Sensex opened up 0.2% at 57,950.97. New Zealand and Bangkok gained while Singapore and Jakarta retreated.

In energy markets, benchmark U.S. crude rose 24 cents to $76.81 per barrel in electronic trading on the New York Mercantile Exchange. The contract advanced 58 cents to $76.56 on Wednesday. Brent crude, the price basis for international oils, gained 20 cents to $79.41 per barrel in London. It closed 29 cents higher the previous session at $79.23.

The dollar rose to 115.04 yen from Wednesday’s 114.97 yen. The euro declined to $1.1333 from $1.1344.

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