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- Asian Stocks close: stock markets traded mixed ahead the publication of Fed’s policy statement
Asian Stocks close: stock markets traded mixed ahead the publication of Fed’s policy statement
Asian stock
markets showed a mixed trend ahead the publication of Fed’s policy statement. Market
participants are expecting the Fed will continue to taper its asset purchase
program at the usual rate of US$10 billion per month.
The Bank of
Japan refrained from implementing additional quantitative stimulus measures.
The Bank of Japan decided to keep monetary policy steady as expected. The
target of an annual increase in the monetary base is between 60 trillion yen
and 70 trillion yen.
Indexes on
the close:
Nikkei
225 14,304.11 +15.88
+0.11%
Hang
Seng 22,133.97 -319.92
-1.42%
Shanghai
Composite 2,026.36 +6.02 +0.30%
Kyocera shares
increased 3.4% caused by the 34% rise of full-year profit.
NEC
declined 5.3% after missing its forecasts.
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