3/28, 4:31 AM (Source: TeleTrader)
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Asian stocks mixed as banking fears persist

Major stock exchanges in Asia-Pacific were mixed on Tuesday, seemingly affected by concerns about the stability of the global financial system due to the recently seen banking troubles. Investors are likely still assessing the impact of the second-largest bank failure in American history and its ripple effects on other financial institutions.

In mainland China, Shanghai Composite traded flat at 4:25 am CET, with Shenzhen Composite down by 0.39% a minute later. At 4:26 am CET, Japan's Nikkei 225 stood flat, as South Korea's Kospi went up by 0.40%.

The Australian S&P/ASX 200 added 1.08% at 4:26 am CET, as the dollar went 0.57% down against the yen, going for ¥130.8190. At 4:27 am CET, Hong Kong's Hang Seng increased by 0.40%.

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