Stocks in Asia mixed as BoJ maintains policy

Thursday, 19. September 2019 07:44

Investors took equity indexes in different directions on Thursday in the stock trading session in the Asia-Pacific region with sentiment worsening to an extent toward the closing bell. Risk appetite was helped by the Federal Reserve, which yesterday cut interest rates but also revealed a split about what comes next.

The Bank of Japan also issued a regular update and left the current measures unchanged, though its warning about economic headwinds prompted speculation it could soon boost stimulus. Two out of nine members of the panel dissented, where ​Goushi Kataoka urged for the policy easing to be strengthened.

The Nikkei 225 index was 0.59% higher in Tokyo at 7:22 am CET. The dollar dropped 0.54% to ¥107.869 at 7:42 am CET, which would normally burden Japanese exporters at the stock market. The Hang Seng was 1.31% lower in Hong Kong. South Korea's Kospi gained 0.33% and the S&P/ASX 200 increased 0.44% for the day as a downbeat unemployment report boosted speculation on central bank action. In the most populous nation, the Shanghai Composite was 0.11% in the red at 7:29 am CET and the Shenzhen Composite advanced 0.2%.

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