Asia markets wrap up last trading day of 2023 with small declines; China stocks inch higher as tech firms continue to rise
Publishing timestamp: 2023-12-29 02:43:25
Summary
The article discusses the performance of Asia-Pacific markets on the last trading day of 2023. It mentions that China stocks were the exception and continued to advance. It also highlights Xiaomi's plans to enter the electric-vehicle market and compete with Tesla and Porsche. The article provides updates on the performance of various indexes and markets in the region, including Japan, South Korea, and Australia. It also mentions the performance of the S&P 500 and Dow Jones Industrial Average in the US. Additionally, the article discusses the cautious tone on the European economy and stock market going into 2024, as well as Piper Sandler's top picks for pharmaceutical stocks in 2024.
Sentiment: MIXED
Tickers: .N225, .KS11, .SPX, .SSEC, JPY=, @CL.1, .HSI, .DJI, .DXY, AUD=, .STOXX, .SZI, @LCO.1, 1810-HK, .AXJO, .IXIC,
Keywords: ice brent crude (apr'23), business news, hang seng index, shanghai, economic events, kospi index, markets, xiaomi corp, australia, asia economy, s&p/asx 200, world markets, nikkei 225 index, dxy us dollar currency index, breaking news: asia, wti crude (mar'23), breaking news: markets, australian dollar/us dollar fx spot rate, prices, usd/jpy, shenzhen component index,
Source: https://www.cnbc.com/2023/12/29/asia-markets-set-for-mixed-session-aussie-stocks-open-lower.html