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Asian stock markets showed a mixed trend ahead the publication of Fed’s policy statement. Market participants are expecting the Fed will continue to taper its asset purchase program at the usual rate of US$10 billion per month.
The Bank of Japan refrained from implementing additional quantitative stimulus measures. The Bank of Japan decided to keep monetary policy steady as expected. The target of an annual increase in the monetary base is between 60 trillion yen and 70 trillion yen.
Indexes on the close:
Nikkei 225 14,304.11 +15.88 +0.11%
Hang Seng 22,133.97 -319.92 -1.42%
Shanghai Composite 2,026.36 +6.02 +0.30%
Kyocera shares increased 3.4% caused by the 34% rise of full-year profit.
NEC declined 5.3% after missing its forecasts.
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