Asian markets closed mostly lower on Wednesday lead from Wall Street, with the vote on a bill to replace Obamacare in the U.S. delay, and ECB chairman Mario Draghi comments about adjusting the ECB polices in response to the economic improving conditions.
Japan’s Nikkei closed off 0.49%, while China’s Shanghai Composite ended with losses of 0.56%.and Australia stocks were higher 0.66.
The dollar fell to eight-month lows against the other major currencies on Wednesday, The Australian dollars moved higher against the U.S. Dollar gaining 0.37% to trade at 0.7612,however the dollar was little changed against the Yen, with USD/JPY at 112.35,also against chines Yuan the U.S. Dollar was down 0.21% to 6.8000.
China's main stocks indexes fell on Wednesday, as comments by Premier of the People's Li Keqiang raised concerns over an economic slowdown and regulatory tightening. Most sectors lost ground, led by real estate and consumer stocks that rallied the most recently.
Japan stock market ended Wednesday’s trading session in red, pressured by the losses in the Railway & Bus, Pharmaceutical Industry and Services sectors, the Nikkei declined 0.47 percent to trade at 20,130.41 points.
The best performers of the session were Resona Holdings, Inc. which rose 3.33% or 19.5 points to trade at 604.7 at the close. Meanwhile, Mitsubishi Chemical Holdings Corp added 3.13% or 27.9 points to end at 919.6 and Mizuho Financial Group Inc. was up 3.03% or 6.0 points to 204.0 in late trade.
The worst performers of the session were Tokyo Electron Ltd. which fell 4.26% or 685.0 points to trade at 15410.0 at the close. Advantest Corp. declined 4.04% or 82.0 points to end at 1948.0 and SUMCO Corp. was down 3.35% or 57.0 points to 1644.0.
Australia Stock Exchange
Australia stocks were higher after the close on Wednesday, as gains in the Metals & Mining, Resources and Materials sectors led shares higher, and the ASX 200 gained 0.66%.
The best performers of the session were Sirtex Medical Ltd which rose 16.09% or 2.170 points to trade at 15.660 at the close. Meanwhile, Southern Cross Media Group Ltd added 7.11% or 0.085 points to end at 1.280 and Myer Holdings Ltd was up 6.55% or 0.055 points to 0.895 in late trade.
The worst performers of the session were Skycity Entertainment Group Ltd, which fell 3.70% or 0.150 points to trade at 3.900 at the close. And ALS Ltd declined 3.52% or 0.275 points to end at 7.545 and Newcrest Mining Ltd was down 2.72% or 0.570 points to 20.420.
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