SINGAPORE – Shares in the Asia-Pacific region were mixed in Wednesday morning trading after a recent Wall Street rally in the United States came to a halt overnight.
The Nikkei 225 index in Japan was slightly lower at the start of trading, while the Topix index was below the flat line. The South Korean Kospi rose 0.13%.
The S & P / ASX 200 in Australia edged down 0.35%.
The largest MSCI index for Asia-Pacific stocks outside of Japan was little changed.
The Reserve Bank of New Zealand is expected to announce its interest rate decision at 10:00 HK / SIN. Prior to this announcement, the New Zealand dollar was trading at $ 0.7223, after rising earlier this week by less than $ 0.72.
In Southeast Asia, markets in Indonesia, Singapore and Thailand are closed for a public holiday on Wednesday.
Overnight in the United States, the S&P 500 lost 0.21% to 4,188.13 while the Dow Jones Industrial Average fell 81.52 points to 34,312.46. The Nasdaq Composite closed slightly lower at 13,657.17.
The US dollar index, which tracks the greenback against a basket of its peers, was at 89.695 – lower from recent levels above 89.7.
The Japanese yen traded at 108.76 per dollar after hitting levels around 108.6 against the greenback yesterday. The Australian dollar changed hands at $ 0.7754, stronger than the below $ 0.772 levels seen earlier in the week.
Here’s a rundown of what’s available:
- New Zealand: Reserve Bank of New Zealand decision on interest rates at 10:00 HK / SIN