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Sour mood on Asian markets after interest rate decision

» Published: December 19 2024

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

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