Leading Asian indexes closed in different directions

Asian indicesThe leading Asian indexes closed in different directions, though they were taken up after a positive session on Wall Street last night. Chinese stocks led the losers in the region after the money supply in the Celestial Empire grew the slowest pace in more than a decade. In Japan, the Nikkei 225 rose with 0.62% to 13,996.81 points. In China, the Shanghai Composite fell 1.40% to 2,101.60 points. The Hong Kong’s Hang Seng fell with 1.6% to 22,71.26 points.
The indices in China and Hong Kong fell after data showed that the broader monetary aggregate M2 has expanded less than expected 13% increase. Meanwhile the new loans rose by nearly 14%.
The stock exchanges in China and Hong Kong financial sector suffered the most. Mood influenced the news that day only for Chinese central bank will draw the most liquidity in the market since February. The shares of Citic Securities fell 3.6%, while those of the Merchants Bank and Minsheng Bank – with 2% each.
The South Korean KOSPI wiped 0.24% of its value, while Australian S&P ASX 200 registered a growth of 0.55% to 5,388.16 points and moves away from the bottom two-month reported yesterday.
In India SENSEX slid with 0.8% to 22,452.11 points yesterday after the markets in the country were closed for a national holiday. The inflation in March rose by 5.7% to 3-month high – more than the expectations of analysts polled by Reuters for growth of 5.3%. The increase was greater than the growth recorded in February, namely 4.7%.
The investors expect with particular attention data from China, which will be presented on Wednesday – the gross domestic product, retail sales in March, industrial production and investment.
Of course, the market participants in Asia and will follow the meeting of the US Federal Reserve. The two-day meeting of bankers starts today , and tomorrow President Janet Yellen will make a statement. Tension in Ukraine also affects trade. In Japan, the Nikkei exceed the limit of 14,000 points, but ultimately closed below it. According to the economic minister Akira Amari recent losses leading index is mainly due to the disappointment that it is possible Bank of Japan to loosen its still reins of monetary policy.
Had a strong interest in the shares of blue chips – Softbank increased by 3% capitalization, Sony and Mitsubishi Electric – with 0.4%.
In Australia, market participants were interested in the transcript of the meeting of the central bank. It says that the recent economic data has not changed the bank’s decision to leave interest rates at their current level for some time and that the rate of the local currency is still historically high.
The mining companies also enjoyed investor interest . Shares of Rio Tinto rose slightly by 0.1% after the company announced that supplies of iron ore in the world grew by 16% yoy in the first quarter. The securities of Oz Minerals have added 2% to its value, although the first three months of 2014 the company reported a 11% drop in copper production.
Sydney Airport fell percentage market capitalization after the news that the government has approved land for construction of a second airport in the Australian capital. The South Korean KOSPI closed with a decline, dragged by Hyundai Motor, whose shares fell 1.4%.

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