The Asia-Pacific market showed mixed results, with Japanese stocks closing lower, gold rising, and Bitcoin falling over 1.5%
The Nikkei 225 index closed down 0.3% at 39,981.06 points. The Tokyo Stock Exchange index closed down 0.6% at 2,770 points. The Seoul Composite Index closed up 1.2% at 2,521.05 points
On January 8, Wednesday, the Asia-Pacific market showed mixed results, with Japanese stocks closing lower, while the South Korean Composite Index closed higher. The stock price of tech giant Samsung Electronics rose by 3.43%, and gold prices increased.
NVIDIA CEO Jensen Huang stated yesterday that quantum computing applications will take several decades to develop, leading to a sharp decline in related concept stocks during after-hours trading, with IonQ and Quantum Computing seeing their stock prices drop by over 16% at one point.
The Nikkei 225 index closed down 0.3% at 39,981.06 points. The Tokyo Stock Exchange index closed down 0.6% at 2,770 points. The South Korean Composite Index closed up 1.2% at 2,521.05 points.
The Australian S&P 200 index rose by 0.77%, while India's SENSEX 30 index fell by 0.88%.
The yield on Germany's 10-year government bonds rose by 2 basis points to 2.51%, the highest since July 2024.
Spot gold rose by 0.17% to $2,653.27 per ounce during the day.
Bitcoin declined, with a daily drop of 1.51%.
Both Brent and WTI crude oil prices rose, each increasing by over 0.4%.
The Nikkei 225 index closed down 0.3% at 39,981.06 points. The Tokyo Stock Exchange index closed down 0.6% at 2,770 points. The South Korean Composite Index closed up 1.2% at 2,521.05 points.
The stock price of South Korean tech giant Samsung Electronics rose by 3.43%, unaffected by the lower-than-expected profit forecast for the fourth quarter.
Spot gold rose by 0.17% to $2,653.27 per ounce during the day.
Bitcoin declined, with a daily drop of 1.51%.
Both Brent and WTI crude oil prices rose, each increasing by over 0.4%.
