Asian shares see little change ahead of Fed meeting

Published: September 20, 2017 11:55:16 | Updated: October 24, 2017 20:35:00


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Asian stock markets were little changed on Wednesday as investors took to the sidelines ahead of the Federal Reserve's announcement of the result of its meeting.

 

Japan's Nikkei 225 was flat at 20,298.80 and South Korea's Kospi edged down 0.1 per cent to 2,413.63. Hong Kong's Hang Seng index added 0.3 per cent to 28,117.50.

 

China's Shanghai Composite Index added 0.1 per cent to 3,359.74. Australia's S&P/ASX 200 fell 0.2 per cent to 5,701.10. Stocks in Southeast Asia were mixed, reports AP.

 

US stock markets finished with a slight gain on Tuesday. The S&P 500 index rose 0.1 per cent to 2,506.65. The Dow Jones industrial average gained 0.2 per cent to 22,370.80.

 

The Nasdaq composite added 0.1 per cent to 6,461.32. The Russell 2000 index of smaller-company stocks declined 0.1 per cent, to 1,440.40.

 

Benchmark US crude added 35 cents to $50.25 per barrel on the New York Mercantile Exchange. The contract fell 45 cents to settle at $49.90 a barrel on Tuesday.

 

Brent crude, used to price international oils, gained 24 cents to $55.38 per barrel in London.

 

The dollar fell to 111.54 yen from 111.58 yen. The euro strengthened to $1.2009 from $1.1996.

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