SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Sour mood on Asian markets after interest rate decision

» Published: 19 December 2024, 05:24

Sour mood on Asian markets after interest rate decision
Photo: Eugene Hoshiko/AP/TT

It was consistently negative figures for leading indexes on Asian stock exchanges after the decline on Wall Street yesterday, when the American central bank presented its slightly hawkish future prospects.

In Tokyo, the Nikkei 225 index was down 0.7 percent and the broader Topix index stood at minus 0.1 percent. The Japanese central bank presented a fairly expected interest rate decision, meaning it did nothing at all.

In China, there were roughly equally large declines for the composite indexes in Shanghai and Shenzhen, minus 0.7 and 0.6 percent respectively after a few hours of trading. In Hong Kong, the decline for the Hang Seng index was 1 percent.

In South Korea, it was the worst, minus 1.7 percent for the Kospi index.

TTT
By TTThis article has been altered and translated by Sweden Herald

More news

British interest rate remains unchanged
1 MIN READ

British interest rate remains unchanged

The S-demand: Take Sweden out of the "quagmire"
1 MIN READ

The S-demand: Take Sweden out of the "quagmire"

Proposal: Food retailers should be forced to accept cash
2 MIN READ

Proposal: Food retailers should be forced to accept cash

SSAB gets green light for billion-kronor investment
1 MIN READ

SSAB gets green light for billion-kronor investment

Unchanged interest rate in Norway
1 MIN READ

Unchanged interest rate in Norway

The Verdict: Too Cautious by the Central Bank
3 MIN READ

The Verdict: Too Cautious by the Central Bank

Thedéen's defense: it's about having patience
3 MIN READ

Thedéen's defense: it's about having patience

Major Banks Lower Mortgage Interest Rates
1 MIN READ

Major Banks Lower Mortgage Interest Rates

Shorter working hours are becoming a strike issue
3 MIN READ

Shorter working hours are becoming a strike issue

The Stockholm Stock Exchange Continues Downward
2 MIN READ

The Stockholm Stock Exchange Continues Downward

Google buys electricity from Vattenfall's wind farm
1 MIN READ

Google buys electricity from Vattenfall's wind farm

The Crown Hits a New Yearly Low Against the Dollar
1 MIN READ

The Crown Hits a New Yearly Low Against the Dollar

Fewer Bookings for Skistar
2 MIN READ

Fewer Bookings for Skistar

New Zealand's economy is taking a step back.
1 MIN READ

New Zealand's economy is taking a step back.

Sharp decline on the US stock exchange after interest rate decision
1 MIN READ

Sharp decline on the US stock exchange after interest rate decision

The interest rate is lowered in the USA
2 MIN READ

The interest rate is lowered in the USA

The Liberals want to ban Temu and Shein
1 MIN READ

The Liberals want to ban Temu and Shein

HD examines Tiktok's future in the USA
1 MIN READ

HD examines Tiktok's future in the USA

Sources: Large Accounting Error in Indian Gold Import
1 MIN READ

Sources: Large Accounting Error in Indian Gold Import

This is why Matilda Djerf is news abroad
2 MIN READ

This is why Matilda Djerf is news abroad