“Asian stock markets” opened positively as US debt ceiling negotiations ended without an agreement.

Asian stock markets opened mostly positive today (23 May 2566) as talks on the US debt ceiling between US President Joe Biden and US House of Representatives Speaker Kevin McCarthy emerged. ended without reaching an agreement

The NIKKEI 225 index, the Japanese stock market, opened today at 31,245.72 points, an increase of 158.9 points or +0.51%, the HSI index of the Hong Kong stock market opened today at 19,713.46 points, an increase of 35.29 points or +0.18% and the SSE Composite index of the Chinese stock market opened today at 3,294.79. points, down 1.68 points or -0.05%

Mr. McCarthy stated that He attended meetings in an efficient and professional manner. and added that “I think the direction of tonight's negotiations is better than in previous meetings.”

Investors in Asia keep an eye on Australian manufacturing and service activity data. which will be published today While Singapore is scheduled to release inflation numbers for April.

Japan's preliminary Purchasing Managers' Index (PMI) for May from the Jibun Bank rose to a seasonally adjusted 50.8 in May. This compares with the final reading of 49.5 in April and marks the first rise above 50 since October last year, with 50 and above indicating expansion in manufacturing.

The Jibun Bank Primary Services PMI rose to a record high of 56.3 in May, a revised figure from 55.4 in April.

The Jibun Bank Primary Manufacturing and Services PMI was 54.9 in May, the highest since October. 2556