Asian markets ended mixed on Tuesday

28 Oct 2014 Evaluate

Asian markets ended mixed on Tuesday, with Japanese stocks closing in red as investors awaited central bank policy decisions. The BOJ will consider moderating its language on inflation in a report this week to take account of the impact of lower oil prices. The street expects that the bank will keep monetary policy unchanged at a meeting on October 31. It is also set to announce its semi-annual outlook on the economy and prices the same day. Singapore landlords are tapping the fourth-lowest local borrowing costs in Asia to fund record overseas purchases of hotels, office blocks and luxury apartments as property prices fall at home. Japanese retail sales growth accelerated for the third straight month in September in an encouraging sign that consumer spending could be strong enough to absorb a second sales tax increase scheduled for next year. The retail sales rose to a seasonally adjusted annual rate of 2.3%, from 1.2% in the preceding month. South Korean Consumer Confidence fell to 105, from 107 in the preceding month.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2337.87	47.43	2.07
Hang Seng	23,520.36	377.13	1.63
Jakarta Composite	5001.31	-22.99	-0.46
KLSE Composite	1825.68	2.53	0.14
Nikkei 225	15,329.91	-58.81	-0.38
Straits Times	3211.65	-14.46	-0.45
KOSPI Composite	1925.68	-6.29	-0.33
Taiwan Weighted	8773.55	145.77	1.69