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Asian indices trade lower as investors await the Fed's decision

  • Regular
  • Asian Market
  • 6 months ago
  • 109

Asian markets have closed the session lower to start the week, as most investors will keep their eye on the Fed’s meeting later today in the U.S.

Mainland Chinese index the Shanghai composite retreated by 0.2% and the Shenzhen composite too fell by 0.1%.

In Hong Kong, the Hang Seng index slipped 0.2% as shares Chinese tech behemoth Tencent declined 0.4%.

Japan’s Nikkei 225 was just under 0.2% lower as shares of Fast Retailing slipped by 0.2% and the Topix following suit by closing lower by o.2%.

South Korea’s Kospi shed 0.16% as shares of chipmaker SK Hynix dropped 1.03%, while over in Australia the ASX 200 remained flat throughout.

 

 

Source: Smart Trend Team