The stock indices of the countries of the Asia-Pacific region fell on Thursday following the results of the meetings of the central banks of the USA and Japan.
The leadership of the Federal Reserve System (FRS), following the meeting ended the day before, made it clear that it does not intend to change interest rates from current levels, at least until the end of 2023. At the same time, there were no announcements of new measures to support the US economy, which disappointed investors, MarketWatch reports.
The Bank of Japan at its regular meeting, which ended on Thursday, decided to preserve the ultra-soft parameters of monetary policy, as predicted by most experts. At the same time, the Central Bank gave a slightly more positive assessment of the state of the country's economy than at the end of the July meeting, and noted that an immediate expansion of incentives is not required to combat the coronavirus infection COVID-19.
The Japanese Nikkei 225 Index fell 0.67% at the close of trading.
The leaders of the decline were the shares of railway operators West Japan Railway (-5.6%), East Japan Railway (-4.7%) and Central Japan Railway (-4.1%), as well as the automaker Isuzu Motors (-5.1%) ).
Also fell in the price of securities investment and technology SoftBank Group (-1.3%), semiconductor manufacturer Advantest Corp. (-1.2%), Asia's largest apparel retailer Fast Retailing (-1.3%), consumer electronics manufacturer Sony (-1%).
China's Shanghai Composite Index declined 0.4% on the day, while Hong Kong's Hang Seng Index fell 1.6%.
Most significantly during trading in Hong Kong, shares fell on the electronics manufacturer Xiaomi Corp. (-6.4%). Casino operator Sands China fell 3.1% and HSBC dropped 2.7%.
The market value of Internet giant Tencent Holdings Ltd. decreased by 1.4%.
South Korea's Kospi Index dropped 1.2% on Thursday.
At the same time, the capitalization of one of the world's largest chip manufacturers Samsung (KS: 005930) Electronics Co. declined 2.5%, auto makers Hyundai Motor Co. – increased by 0.3%.
The Australian S & P / ASX 200 index fell 1.1% by the end of the day.
The market value of the world's largest mining companies BHP and Rio Tinto (LON: RIO) declined 1.6% and 1.7%, respectively.
Australia's seasonally adjusted unemployment rate fell to 6.8% in August from 7.5% in the previous month, the Australian Bureau of Statistics (ABS) reported. This is the lowest figure since April this year. It came as a surprise to analysts, who on average had forecast an increase to 7.7%, according to a poll from both The Wall Street Journal and Trading Economics.
The number of jobs in the country's economy increased by 111 thousand and exceeded 12.583 million. Experts expected an increase of 35 thousand, according to the WSJ. Trading Economics' respondents predicted a reduction of $ 50,000.