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2 Oct 2013
Japan’s the black sheep among winning indexes in Asia
FXstreet.com (Chicago) – The Nikkei is the only index printing losses down 0.65% as market participants weight on the US government shutdown.
Chinese markets remain closed on holiday, along with India, but Hong Kong reopens to print 0.96% wins. The Korean Kospi advances 0.19% similarly to the Indonesian IDX up 1.41%. In Australia, the S&P/ASX 200 edges higher 0.22%.
Earlier in the US, the Dow closed up 0.41%, the Nasdaq printed 1.23% gains and the S&P500 advanced 0.80% despite the political crisis lived in Washington. As reported by Bloomberg, Chan from Calibre Asset Management states “People are still worried about what the U.S. will do -- the market expects them to resolve the issue in a few days but nobody is going to make any big moves.”
Chinese markets remain closed on holiday, along with India, but Hong Kong reopens to print 0.96% wins. The Korean Kospi advances 0.19% similarly to the Indonesian IDX up 1.41%. In Australia, the S&P/ASX 200 edges higher 0.22%.
Earlier in the US, the Dow closed up 0.41%, the Nasdaq printed 1.23% gains and the S&P500 advanced 0.80% despite the political crisis lived in Washington. As reported by Bloomberg, Chan from Calibre Asset Management states “People are still worried about what the U.S. will do -- the market expects them to resolve the issue in a few days but nobody is going to make any big moves.”