Nikkei hits new high, breaking through 45,000 points for the first time, watch out for the Fed's direction.
Asian stock markets closed mixed today (September 16, 2568). Investors are still watching this week's Fed meeting to see if it will cut interest rates as expected.
Tokyo stocks closed higher, with the Nikkei 225 index breaking above 45,000 points for the first time, leading Asian markets higher after President Donald Trump said that trade negotiations between the US and China held in Spain had made progress.
- The Nikkei index closed at 44,902.27 points, up 134.15 points (+0.30%).
Chinese stock markets closed slightly higher amid domestic economic uncertainty and anticipation of the outcome of US-China trade negotiations.
- The Shanghai Composite Index closed at 3,861.87 points, up 1.36 points (+0.04%).
Hong Kong stocks closed lower as investors became cautious ahead of this week's Federal Reserve meeting.
- The Hang Seng Index closed at 26,438.51 points, down 8.05 points (-0.03%).
South Korea's stock market continued to hit new record highs for the second consecutive day after the government announced the cancellation of plans to tax capital gains from securities sales, boosting investor confidence.
- The KOSPI index closed at 3,449.62 points, an increase of 42.31 points (+1.24%).
The Australian stock market also closed higher, following the positive trend in regional markets.
- The ASX 200 index closed at 8,877.70 points, up 24.70 points (+0.28%).
References: reuters.com , cnbc.com
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