Thursday, April 28, 2016

Sri Lanka *market update* Asian stocks mixed, BoJ policy steady

The Bank of Japan’s (BOJ) decision to keep monetary policy steady caused sharp swings in Japanese markets Thursday, with the yen rallying sharply and stock futures pointing to steep losses.Nikkei 225 futures in Chicago fell 4.41 percent to 16,780 after the BOJ decision, while the dollar/yen pair fell 2.06 percent to 109.14. Australia’s ASX 200 was up 0.64 percent in morning trade. In Korean the Kospi wavered between positive and negative territory before trading down 0.3 percent while in Hong Kong, the Hang Seng was up 1.28 percent. Chinese mainland markets were mostly flat, with the Shanghai composite up 0.08 percent, while the Shenzhen composite dropped 0.09 percent.  (Apr 28, 2016 08.30 a.m)

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