Asia Open: Nikkei Slips 0.98% as Brent Sinks Below $95 After Wall Street Surge
Nikkei slips 0.98% and ASX 200 gains 0.87% as Brent falls 8.78% to $94.5 after Dow jumps 3.03%. What awaits IHSG at the 09:00 WIB open.
Tokyo opened the Thursday session lower, with the Nikkei 225 down 0.98% at 62,461.09, even as Wall Street closed sharply higher overnight and Brent crude slid to $94.5 a barrel. Sydney moved the other way, with the ASX 200 up 0.87% at 8,963.7.
Jakarta opens at 09:00 WIB with the composite index sitting close to the bottom of its yearly range, which gives the session a particular edge for Indonesia-watchers.
Wall Street leaves a strong lead
The Dow Jones Industrial Average jumped 3.03% to 53,356.12 on Wednesday, the strongest of the major US gauges. The S&P 500 gained 1.58% to 7,688.62 and the Nasdaq added 1.44% to 25,736.51. The Russell 2000 rose 1.58% to 2,856.95.
Volatility fell away. The VIX dropped 20.26% to 16.61 from 20.83, and the US 10-year Treasury yield eased to 4.894% from 4.952%. The dollar index slipped 0.16% to 101.403 in early Asian trade.
Beneath the index moves, dispersion was wide. 3M gained 9.65% and Lowe's rose 7.17%, while Uber added 7.04%. Among decliners, CVS Health fell 11.66%, Eaton lost 9.86% and GE Vernova dropped 9.3%. On the Nasdaq, Datadog fell 14.42% and Micron shed 7%, while AppLovin rose 10.69%.
Oil, metals and currencies
The sharpest cross-asset move came in energy. Brent fell 8.78% to $94.5 from $103.6, and WTI dropped 8.52% to $87.9. Metals ran the other way: gold rose 0.93% to $4,095.59 an ounce, silver jumped 6.33% to $52.725 and copper gained 0.78%.
In currencies, USD/JPY eased 0.13% to 158.128, and EUR/USD edged up 0.14% to 1.1251. The Australian dollar rose 0.16% to 0.7018. The rupiah was steady: USD/IDR stood at 18,109.09, up 0.04%. Bitcoin held near 80,467.98, almost unchanged.
Asia: China leads on Wednesday
Mainland and Hong Kong stocks closed strongly on Wednesday. The Shanghai Composite climbed 2.16% to 3,686.17, and the Hang Seng rose 1.67% to 23,919.5. WuXi Biologics led Hong Kong gainers with a 12.22% jump, followed by Xinyi Solar at 10.19% and SMIC at 8.96%. India's Sensex added 0.5% to 77,301.4, while Singapore's Straits Times was flat, down 0.01% at 5,268.63. UOB fell 4.99%, the biggest decliner among the Singapore movers tracked.
Tokyo's decline leaves the Nikkei 24.08% higher year to date, though still below its yearly high of 72,366.34.
What awaits Jakarta
The IHSG closed Wednesday up 0.32% at 4,919.77, and LQ45 rose 0.8% to 501.24. The gain was modest against the index's longer trend: it is down 43.1% year to date and 19.6% over the past month, against a yearly high of 9,134.7. The previous close of 4,904.29 was the index's yearly low.
Individual stocks swung harder than the benchmark. Pertamina Geothermal Energy rose 10.92% to 965, Aneka Tambang gained 8.33% to 2,600 and Indah Kiat Pulp & Paper added 7.35%. Barito Pacific led decliners, down 6.7% to 975.
Europe and the day ahead
European shares closed firmly higher on Wednesday: the DAX gained 2.22%, the CAC 40 rose 1.97% and London's FTSE 100 added 1.79% to 10,829.21. In the UK, expectations of a rate rise are building as services activity hits an eight-month high.
Earnings take centre stage in the US on Thursday. ConocoPhillips, Duke Energy, Southern Company and Verisk Analytics report before the open, while Airbnb, Microchip Technology, Monster Beverage, Simon Property Group and Atlassian are due after the close. Arm Holdings is also scheduled to report.
Traders in Asia will watch whether oil stabilises near $94.5 for Brent, whether the Nikkei's early loss deepens, and how Jakarta responds when it opens at 09:00 WIB with the composite still near the lower end of its range.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| Nikkei 225 | 62,461 | −621 | −0.98% |
| Hang Seng | 23,920 | +394 | +1.67% |
| Shanghai Comp. | 3,686.17 | +78.08 | +2.16% |
| ASX 200 | 8,963.7 | +76.9 | +0.87% |
| IHSG | 4,919.77 | +15.48 | +0.32% |
| S&P 500 | 7,688.62 | +119.70 | +1.58% |
| USD/IDR | 18,109 | +7 | +0.04% |
| Brent | 94.50 | −9.10 | −8.78% |
Data as of 5 Nov 2026, 08:00 WIB (01:00 GMT). Source: JournalArta Markets (Yahoo Finance, Twelve Data); some exchange data may be delayed up to 15 minutes. Follow live prices on JournalArta Markets. This article is for information only and is not investment advice.
