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12 Sep 2013
Asymmetric performance in Asian equities
FXstreet.com (Chicago) – Chinese stocks fell from 3-month highs pulled down by material and property companies. In Japan, the Nikkei was sent to the grounds after major corporations, Mitsubishi and Sharp, reported potential IPOs coming over. Overall, Asia is mixed in green and red.
The Fed’s tapering and Syrian conflicts are off headlines as the main indexes seem to fluctuate on internal data based on intrinsic performance.
The Nikkei 225 is down 0.31% while the Hang Sen 40 is up 0.38%. Dragged by material and property companies, the Shanghai Composite is down 0.13%. In India, the Sensex is up 0.20%, while in Australia the S&P/ASX 200 registers gains at 0.27%. The South Korean Kospi advances 0.42% and Indonesia’s IDX losses 0.60%.
The Fed’s tapering and Syrian conflicts are off headlines as the main indexes seem to fluctuate on internal data based on intrinsic performance.
The Nikkei 225 is down 0.31% while the Hang Sen 40 is up 0.38%. Dragged by material and property companies, the Shanghai Composite is down 0.13%. In India, the Sensex is up 0.20%, while in Australia the S&P/ASX 200 registers gains at 0.27%. The South Korean Kospi advances 0.42% and Indonesia’s IDX losses 0.60%.