Asian stock markets experienced a mixed day of trading on Wednesday following a decline in US stock prices and growing concerns about inflation due to a surge in oil prices.
At the opening bell, benchmark indices in Japan saw gains, but those in Australia slipped, and South Korea witnessed fluctuations. Hong Kong’s Hang Seng Index futures contracts also dropped by 0.28%, settling at 18,405.09.
In the early trading hours, the benchmark Nikkei 225 index in Japan showed a rise of 0.64%, equivalent to 219.75 points, reaching 33,253.94. Simultaneously, the broader Topix index exhibited an increase of 0.71%, or 17.38 points, reaching 2,395.20.
On the previous day on Wall Street, the Dow Jones Industrial Average concluded with a 0.6% decline at 34,641.97 points, while the more comprehensive S&P 500 experienced a 0.4% drop, and the tech-focused Nasdaq Composite Index dipped by 0.1%.
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