Commercial and residential buildings are seen at sunset from the rooftop of Lotte World Tower in Seoul, South Korea, Tuesday, Nov. 28, 2023.
Bloomberg | Bloomberg | Getty Images
Asia-Pacific markets fell on Tuesday even as tech stocks rallied to send the Nasdaq Composite Index to a record high on Wall Street.
The index rose 0.83% to close at 17,879.3, led by gains in Microsoft, Apple and chipmaker Nvidia.
Asian traders were pleased that South Korea’s inflation rate came in at 2.4 percent in June, below the 2.7 percent forecast by economists polled by Reuters.
| Ticker | company | name | price | change | %change |
|---|---|---|---|---|---|
| .N225 | Nikkei Stock Average | Nikkei | 39,534.12 | -96.94 | -0.24% |
| .HSI | Hang Seng Index | HSI | 17,718.61 | united nations | united nations |
| .AXJO | S&P/ASX 200 | ASX 200 | 7,748.10 | -2.60 | -0.03% |
| .SSEC | Shanghai | Shanghai | 2,994.73 | united nations | united nations |
| .KS11 | KOSPI Index | Korea Composite Stock Price Index | 2,795.56 | -8.75 | -0.31% |
| .FTFCNBCA | CNBC 100 Asia IDX | CNBC 100 | 9,895.80 | +0.09 | 0.00% |
Japan’s Nikkei Stock Average fell 0.41%, while the Tokyo Stock Price Index was flat.
South Korea’s KOSPI fell 0.22% and the small-cap KOSDAQ lost 0.39% after the inflation data was released.
Australia’s S&P/ASX 200 was down 0.15% at the open.
Hong Kong Hang Seng Index futures were at 17,556, below the HSI’s last closing price of 17,718.61.
Overnight in the US, the Dow Jones Industrial Average and the S&P 500 recorded gains, rising 0.13% and 0.27% respectively.
—CNBC’s Brian Evans and Samantha Sabin contributed to this report.
