vendredi 30 octobre 2015

Asian stocks in their direction to record monthly high before BOJ meeting

Asian stocks on the way to record the highest monthly increase since five years, with the market waiting for the decision of the Bank of Japan in light of conflicting expectations of many for it to increase its stimulus to support the economy and reach the inflation target at 2%. MSCI Asia Pacific Index of shares move slightly the day at 133.85 level where the index is witnessing rising by 8.1% during the month of October / October, to lead the rise today energy stocks as well as market expectations increase the possibility of BOJ stimulus. Japanese stocks rose during trading today to witness the broader Topix index in Japan rose by 0.12% to witness added 1.39 points, up to the level 1208.79, while for the Nikkei main 225 Japanese shares fell by 0.03% to lose 5.46 points up to the level 18930.25. Chinese stock indices witnessed decline during trading today as it's CSI 300 saw a decline of 0.42% that lost 14.24 points and level up to 2000.16 as the Shanghai index down 0.53%, losing 18.12 points, up to the level of 3369.19. While the Hang Seng Index saw Hong Kong shares lower by 0.46% to 104.71 points, testifies discount and up to 22715.23 level as the Kospi index of South Korean shares rose 0.0% to 0.1 point and win up to level 2034.26. As for the NZX 50 index for New Zealand shares fell by 0.56% to 33.41 points deducted up to the level of 5969.56 on the other hand S & P / ASX 200 index of Australia shares fell 0.54%, losing 28.46 points, up to the level of 5238.4.

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