10/20, 4:48 AM (Source: TeleTrader)
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Asia trades mixed after PBoC holds interest rates

Equities on Asian markets traded mixed on Wednesday after the People's Bank of China (PBoC) revealed it decided against adjusting its monetary policy in October. The central bank's one-year loan prime rate will remain unchanged compared to last month's data, standing at 3.85%. Meanwhile, the five-year loan prime was set at 4.65%, the same as it was for the past year.

Hong Kong's Hang Seng added 1.0% at 4:44 am CET. At the same time in mainland China, the Shanghai Composite traded 0.29% lower, with the Shenzhen Composite down by 0.13% a minute later. Japan's Nikkei 225 increased by 0.16% at 4:35 am CET.

At 4:46 am CET, the dollar traded 0.16% higher against the yen, going for ¥114.5580, as South Korea's Kospi Composite lost 0.17% and the Australian S&P/ASX 200 added 0.77%.

Breaking the News / NL