Investors abandoning the stock exchange, expected that the regulator will keep the base rate at its lowest level and will postpone the tightening of monetary policy in 2016.
MOSCOW, 28 Oct. Stock markets in the Asia-Pacific region (APR) show a predominantly negative trend on Wednesday ahead of the fed decision on monetary policy, according to data exchanges.
As 07.46 Moscow time the index of Shanghai stock exchange Shanghai Compsite decreased by 0.6% to 3413,74 item. Index of Shenzhen stock exchange Shenzhen Composite index fell by 0.63% to 2030,94 item. Hong Kong’s Hang Seng Index was down by 0.58%, to 23008,31 item.
The Australian S&P/ASX 200 decreased by 0.17%, reaching 5337,3 item. The Korean KOSPI fell 0.53%, reaching 2033,73 item. The Japanese Nikkei 225 was up by 0.44% to 18858,97 item.
Bidders refuse the exchange pending a decision of the US Federal reserve at the base rate at the end of another two-day meeting. In General, investors expect that the regulator will keep the base rate at its lowest level and will postpone the tightening of monetary policy in 2016.
“I don’t think the fed dare to raise rates in the current year”, — quotes Agency Bloomberg of a word of investmanager AMP Capital Investors in Sydney Naemi Nader (Nader Naeimi).
In Japan, participants drew attention to the internal corporate news. So, the net profit of world’s largest manufacturer of digital cameras Canon for the third quarter of 2015 decreased 15.6% to 49,18 billion yen (408,2 million). While sales rose by 6.1% in the reporting period to 925,78 billion yen (7,68 billion dollars).