25 Sep 2013
Asian stocks...poised to lose?
FXstreet.com (Chicago) – Asian equities present mixed results so far after a negative day for Wall Street and mixed results in Europe and the US in terms of manufacturing data and consumer price indexes. With an undefined timing for the US monetary stimulus package tapering, anxiety comes back to stay among market participants.
Asian Indexes
In China, the Shanghai Composite trades 0.24% down while the Hang Sen 40 advances after a three-day losing strike on consumer Chinese data. In Japan, the Nikkei 225 trades 0.30% lower similarly to the Indonesian IDX down 2.25%. India registers wins with the S&P CNX Nifty up 0.05% and the Sensex up 0.10%. The Korean Kospi retraces 0.51% contrary to the Australia S&P/ASX 200 printing 0.74% gains so far.
Asian Indexes
In China, the Shanghai Composite trades 0.24% down while the Hang Sen 40 advances after a three-day losing strike on consumer Chinese data. In Japan, the Nikkei 225 trades 0.30% lower similarly to the Indonesian IDX down 2.25%. India registers wins with the S&P CNX Nifty up 0.05% and the Sensex up 0.10%. The Korean Kospi retraces 0.51% contrary to the Australia S&P/ASX 200 printing 0.74% gains so far.