The Asian Markets at 8 am IST.
Japan (Nikkei Average) up 0.9%
Hong Kong (Hang Seng Index) down 0.3%
Shanghai (Shanghai Composite Index) down 0.7%
Sydney (S&P/ASX 200) flat
Seoul (Kospi) down 0.5%
Taipei (Taiex) down 0.1%
The Hangseng and the Shanghai index were down as liquidity concerns came in today after the chinese central bank mopped up 7.9 billion dollars from the market yesterday by bond repurchase.The Nikkei is up as the financial stocks are stronger due to BOJ leaving things as they are in their policy announcement. Australia is flat to negative after the inflation figures came in higher than expected.
Japan (Nikkei Average) up 0.9%
Hong Kong (Hang Seng Index) down 0.3%
Shanghai (Shanghai Composite Index) down 0.7%
Sydney (S&P/ASX 200) flat
Seoul (Kospi) down 0.5%
Taipei (Taiex) down 0.1%
The Hangseng and the Shanghai index were down as liquidity concerns came in today after the chinese central bank mopped up 7.9 billion dollars from the market yesterday by bond repurchase.The Nikkei is up as the financial stocks are stronger due to BOJ leaving things as they are in their policy announcement. Australia is flat to negative after the inflation figures came in higher than expected.