Asian markets were mixed in Thursday's session as the markets waited for the meeting of central bankers as its expected to discuss their monetary policy and interest rates decision.
Meanwhile, investors were concerned regarding President Trump's administration delivering its promises regarding tax reform, the president threatened to shut down the government if the border wall between the US and Mexico was not funded "If we have to close down our government, we're building that wall."
Kospi the South Korean index gained 0.4 percent to settle at 2,375.84 as Samsung released its note 8 model which helped the company’s share to rise by 0.08 percent, While The Chinese blue chips index Shanghai Shenzhen fell by 0.3 percent while Shanghai Composite ended the session in red losing 0.49 percent closing at 3,271.51. However, Hong Kong's index Hang Seng edged up by 0.5 percent to settle at 27,518.60.
Japan leading index Nikkei 225 closed on Thursday session in red, falling by 0.42 percent to settle at 19,353.77 hitting its three month low. Telecommunication sector registered the biggest losses dropping 0.93 percent followed by technology sector falling by 0.74 percent.
Meanwhile, Financial, Healthcare and Basicmatirials sectors all decreased by 0.51 percent each.
Best performing stocks on Thursday session were Pioneer Corp gaining 4.02 percent followed by Shizuoka Bank added 2.62 percent moreover Unitika gained 2.47 percent.On the other hand, Nisshin Steel Holdings slumped by 6.35 percent while Kobe Steel declined BY 5.39 percent and JFE ended the session losing 4.37 percent
The total number of falling equities was 171, and only 48 closed in the green while Nikkei Volatility was down by 5.09 percent. Meanwhile, major exporters, Sony and Panasonic are down by 1 percent and 0.4 percent respectively while Mitsubishi rose by 0.3 percent despite that the yen was trading at the lower range of 109.
Australian index S&P/ASX 200 ended Tuesday's session higher by 0.14 percent to settle at 5,745.48 supported by the Australian Basicmaterial sector which gained 1.9 percent while consumers non-cyclicals dropped by 1.07 percent.
Flight Centre and Bega Cheese were the best-performing stocks during the session gaining over 10 percent and 6.17 percent respectively.Moreover, alumina gained 5.91 percent
Worst performers of the session were Nanosonics which dropped by 7.2 percent followed by Qube Holdings falling by 6.83 percent and Trade me lost 6.49 percent.
Major miners such as Rio Tinto BHP Billiton, , South32, and Newcrest Mining rose between 1.7 percent and 3.1 percent while World number 4 iron ore miner Fortescue Metals Group ended the day edging up by 1.0 percent, which accounted for large gains in these last session while, Commonwealth Bank of Australia finished the session 0.8 percent lower.
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