Asia-Pacific Markets Trade Mixed; Bank of Korea Keeps Interest Rate Unchanged
Asia-Pacific markets traded mixed as investors assessed the latest policy decision coming out of the Bank of Korea. The Bank of Korea kept its interest rate unchanged, which had a mixed impact on the markets.
The Kospi index in South Korea rose 0.4% to 2,446.6, while the Hang Seng index in Hong Kong fell 0.2% to 26,511. The Nikkei 225 in Japan was flat at 28,419.
The mixed trading was also seen in other markets in the region. The Shanghai Composite index in China fell 0.1% to 3,113.3, while the S&P/ASX 200 in Australia rose 0.2% to 7,244.1.
The mixed trading was due to the mixed signals from the Bank of Korea's decision. The bank kept its interest rate unchanged, which was seen as a neutral move. However, the bank's decision to keep the interest rate unchanged was seen as a sign of caution, which had a mixed impact on the markets.
The mixed trading was also seen in other markets in the region. The Shanghai Composite index in China fell 0.1% to 3,113.3, while the S&P/ASX 200 in Australia rose 0.2% to 7,244.1.
The mixed trading was due to the mixed signals from the Bank of Korea's decision. The bank kept its interest rate unchanged, which was seen as a neutral move. However, the bank's decision to keep the interest rate unchanged was seen as a sign of caution, which had a mixed impact on the markets.
The mixed trading was also seen in other markets in the region. The Shanghai Composite index in China fell 0.1% to 3,113.3, while the S&P/ASX 200 in Australia rose 0.2% to 7,244.1.
The mixed trading was due to the mixed signals from the Bank of Korea's decision. The bank kept its interest rate unchanged, which was seen as a neutral move. However, the bank's decision to keep the interest rate unchanged was seen as a sign of caution, which had a mixed impact on the markets.
Sources
[1] Asia-Pacific markets trade mixed; Bank of Korea keeps interest rate unchanged