Shares in Asia-Pacific were mixed today, after major indexes on Wall Street surged to record closing highs overnight stateside.
The Nikkei 225 in Japan slipped 1.3% to close while the Topix index dropped 1.47% to finish its trading day. South Korea’s Kospi closed 0.2% higher. Major stock indexes in mainland Chinese stocks were lower on the day, with the Shanghai composite slipping slightly while the Shenzhen component shed 0.278%.In Australia, the S&P/ASX 200 advanced 0.84% to close.
The Reserve Bank of Australia today announced its decision to maintain its policy settings. That included keeping its cash rate at 0.1%, largely in line with expectations of analysts in a poll. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.33%. Markets in Hong Kong were closed today for a holiday.