This is how the Stock Markets in Asia Moved Yesterday

—- The Nikkei 225 (Tokyo) closed higher as the decline in crude oil contracts eased inflation concerns. Investors also bought stocks after the Nikkei index fell the day before.

The NIKKEI 225 closed at 26,700.11, up 109.33 or +0.41%.

—- The Shanghai Composite Index closed lower in volatile trading as investors fear that Chinese authorities may decide to lockdown Beijing, as happened in Shanghai after major testing of COVID-19.

The Shanghai Composite closed at 2,886.43, down 42.09 or -1.44%.

—- The South Korean stock market closed higher as investors were positive about the performance of listed companies. However, concerns remain about the economic impact of a possible tightening of U.S. monetary policy, as the won currency weakened against the U.S. dollar.

The KOSPI closed at 2,668.31, up 11.18 or +0.42%.

—- The Hang Seng (Hong Kong) closed higher, in line with U.S. stock markets on Monday (April 25), with the Nasdaq rising more than 1% after Twitter shares rose more than 5%. Elon Musk has reached an agreement to complete the Twitter takeover.

The Hang Seng Index closed at 19,934.71, up 65.37 or +0.33%.

—- The Thai stock market index swings quite volatile to the positive after the morning recovery in the country. However, after that, it fluctuated downward. The main factor was the very fast devaluation of the baht. In addition, there are also concerns about the US Federal Reserve (Fed) raising interest rates and withdrawing liquidity from the system.

The SET index closed at 1,668.97 points, down 6.36 points or -0.38%, with a turnover of ฿81,575.17 million.

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