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- Asian Stocks close: stocks traded mixed
Asian Stocks close: stocks traded mixed
Asian stock
indices traded mixed. The Chinese stock markets has shown the fastest growth in
seven weeks after the State Council announced that it will deepen reforms of
the nation’s capital markets.
The
Japanese stock index Nikkei 225 declined due to the weaker-than-expected
Japanese economic data. Japan’s Ministry of Finance has released the current
account figures. The current account surplus decreased to 116.4 billion yen in
March, 612.7 billion yen in February. Analysts had expected a surplus of 347.7
billion yen.
Indexes on
the close:
Nikkei
225 14,149.52 -50.07
-0.35%
Hang
Seng 22,261.61 +398.62 +1.82%
Shanghai
Composite 2,052.87 +41.74 +2.08%
Konica
Minolta shares dropped 11% after missing analyst forecast for its full-year earnings.
Sumitomo
Electric Industries decreased 6.5% after the company forecast net profit that
missed estimates.
Olympus
shares climbed 4.8% after announcing an almost 70% increase in profit for the
last fiscal year.
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