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30/03/2023 Today’s Announcements & News

30/03/2023

Today’s Announcements & News

Asia

Asia-Pacific business sectors were exchanging blended on Thursday in with Hong Kong hoping to expand its benefits.

Compared to its most recent close of 20,192, the Hang Seng index futures are currently at 20,301. On Wednesday, Hong Kong markets acquired more than 2%, drove by China’s tech goliath Alibaba on fresh insight about its significant purge.

The S&P/ASX 200 index in Australia increased by 1%, while Japanese markets have opened lower. The Topix experienced a larger loss of 0.47 percent while the Nikkei 225 experienced a slight decline.

The Kospi index in South Korea went up a little, but the Kosdaq index went up 0.54 percent.

United States

Wednesday night, there was little movement in stock futures.

Futures on the Dow Jones Industrial Average lost 14 points and were close to being flat. Nasdaq-100 and S&P 500 futures were also close to their flatlines.

The shifts occur during a busy week for stocks. Wednesday saw gains in all three major indexes, with the Nasdaq Composite taking the lead with a gain of approximately 1.8%. The Dow and S&P 500 followed, with gains of 1.4% and 1%, respectively. After finishing the session lower on Tuesday, those gains represent a reversal.

Commodity

On Wednesday, positive equities and a stronger dollar weighed on gold prices. However, declines in safe-haven bullion have been relatively contained thus far, indicating that banking sector concerns remain.

At $1,964.41 an ounce, spot gold was trading 0.5 percent lower. To $1,965.50, U.S. gold futures lost 0.4 percent.


The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.

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