Asian markets settle mostly higher on Thursday
Although, Chinese shares declined as PBoC leaves benchmark lending rates unchanged for the sixth consecutive month in November
Asian markets settled mostly higher on Thursday, boosted by Wall Streets’ gains overnight even as the Federal Reserve's October meeting minutes signalled divided views on another rate cut in December. Market sentiments strengthened further after Nvidia delivered stellar third-quarter earnings, in a sign that AI bubble concerns aren’t slowing down the AI industry. Japanese shares surged led by a robust rally in technology shares, while weaker yen following reports that the government is in the final stages of assembling a massive stimulus package worth 21.3 trillion yen also supported sentiments. Although, Chinese shares declined as China's central bank PBoC leaves benchmark lending rates unchanged for the sixth consecutive month in November.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,931.05 | -15.69 | -0.40 |
| Hang Seng | 25,835.57 | 4.92 | 0.02 |
| Jakarta Composite | 8,419.92 | 13.34 | 0.16 |
| KLSE Composite | 1,619.96 | -3.93 | -0.24 |
| Nikkei 225 | 49,823.94 | 1,286.24 | 2.65 |
| Straits Times | 4,511.87 | 6.65 | 0.15 |
| KOSPI Composite | 4,004.85 | 75.34 | 1.92 |
| Taiwan Weighted | 27,426.36 | 846.24 | 3.18 |
