Stocks Trade Mixed – ryan
A Chinese Flag Flies High Over the Bund.
Liu Liqun | Corbis Documentary | Getty Images
Asia-Pacific Markets Traded Mixed Monday as China’s Central Bank hero rates at a time when the yuan has come under pressure due to Beijing-Washington Trade Tensions.
Mainland China’s CSI 300 Rose 0.18% After the People’s Bank of China Kept Its Key Loan Prime Rates Unchanged at 3.10% for 1-year loan maturities and 3.60% for 5-year loan maturities, in line with the expectations of Economists polled by reuters.
Japan’s Benchmark Nikkei 225 Fell 1.24%, while the Broader Topix Index Declined 1.18%.
In South Korea, the Food Index was flat while the small-cap kosdaq moved down 0.27% in choppy trade.
Australian and Hong Kong Markets were closed for the Easter Holiday.
– CNBC’s Sean Conlon contributed to this report.