Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets exhibit mixed trend in early deals on Wednesday

27-Jul2016

Asian markets exhibit mixed trend in early deals on Wednesday

Asian markets are exhibiting mixed trend in the early deals on Wednesday ahead of the Federal Reserve's policy statement, as strong US economic data raised questions over the likely course for interest rates. Meanwhile, Japan's Nikkei share average rose on some report that Prime Minister Shinzo Abe will announce an economic stimulus package worth 27 trillion yen. Among the other Asian markets, Malaysia, Indonesia and Taiwan are up with modest gains. Bucking the trend, Shanghai, Hong Kong, Singapore and South Korea are marginally lower.

Nikkei 225 gained 344.88 points or 2.11% to 16,727.92, Taiwan Weighted added 22.50 points or 0.25% to 9,047.29, FTSE Bursa Malaysia KLCI jumped 1.16 points or 0.07% to 1,662.58, and Jakarta Composite was up by 76.77 points or 1.47% to 5,301.17.

On the flip side, Hang Seng dipped 31.28 points or 0.14% to 22,098.45, Shanghai Composite declined 49.38 points or 1.62% to 3,000.79, Straits Times dropped 0.95 points or 0.03% to 2,932.49, and KOSPI Index was down by 3.68 points or 0.18% to 2,023.66.


Related News

View all news

US markets end higher after Trump says China trade talks to continue

The US markets ended higher on Friday after key negotiators cast a positive glow on trade talks. US Secretary of Treasury Steven Mnuchin indicated that bilateral talks were constructive even though an......

US markets lower after US President claims China broke the deal

The US markets ended lower on Thursday as trade tensions ramped up after US President Donald Trump threatened tariff retaliation on China, which he claims broke the deal. Anxiety over the prospect of a......

US markets end mostly lower on Wednesday

The US markets ended mostly lower on Wednesday as worries over US-China trade talks lingered. A notice in the Federal Register formally laid the groundwork to raise tariffs on $200 billion of Chinese imports......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......