All the Asian equity indices, barring KLSE Composite, are trading lower in Tuesday’s morning deals with Japanese Nikkei declining by about a percentage point after the Bank of Japan (BOJ) kept its policy unchanged. As widely expected, the Japanese central bank voted unanimously to maintain its pledge of increasing base money, or cash and deposits at the BOJ, at an annual pace of 60 trillion to 70 trillion yen.
Hang Seng declined 191.40 points or 0.89% to 21,423.69, Jakarta Composite tumbled 95.84 points or 2.01% to 4,681.52, Nikkei 225 dropped 107.44 points or 0.80% to 13,406.76, Straits Times crumbled 33.57 points or 1.05% to 3,166.94, KOSPI Composite decreased 18.73 points or 0.97% to 1,913.97 and Taiwan Weighted was down by 12.32 points or 0.15% to 8,148.23.
On the flip side, KLSE Composite was up by 1.42 points or 0.08% to 1,789.22.
Markets in China remained closed for the trade on account of the Dragon Boat Festival holiday.
