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Asian Stock Market: Regional indices show a mixed performance due to investor caution

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Asian markets exhibit a mixed sentiment with a negative bias as the market is cautious of the US Federal Reserve’s (Fed) hawkish tone on the interest

At the time of writing, China's SSE Composite Index is up by 0.68% to 3,105, Shenzhen Component Index has risen to 10,083, up by 1.02%, Hong Kong's Hang Seng Index has increased to 17,846, Tokyo's Nikkei 225 has declined to 32,433, down by 0.42%, South Korea's Kospi is down by 0.30% and Taiwan's Weighted Index has improved by 0.21%.

Japan's Nikkei 225 index retraces the intraday losses following the Bank of Japan's decision to maintain its ultra-dovishstance. This decision disappointed investors who were anticipating any potential hawkish signals from the central bank. This caution stems from the deteriorating diplomatic dispute between India and Canada, which has arisen due to allegations surrounding the killing of a Sikh secessionist leader.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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