Thursday, 22 March 2018

Asian Markets Traded Mixed In What Proved To Be A Choppy Session

Asian markets traded mixed in what proved to be a choppy session after the US Federal Reserve raised interest rates for the first time this year.

Japan's Nikkei 225 rose 0.95 percent and the South Korea's Kospi index was up 0.26 percent while China's Shanghai Composite and Hong Kong's Hang Seng were down 0.2-0.5 percent.

The 30-share BSE Sensex was up 39.79 points at 33,175.97 and the 50-share NSE Nifty rose 7.40 points to 10,162.70.

The broader markets extended losses, with the Nifty Midcap index falling 0.7 percent. About two shares declined for every share rising on the BSE.

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