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4/20, 4:37 AM (Source: TeleTrader)
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Asia trades mixed after PBoC holds interest rates

Equities on Asian markets traded mixed on Monday after the People's Bank of China (PBoC) revealed it decided against adjusting its monetary policy in April. 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 lost 0.18% at 4:33 am CET. At the same time in mainland China, the Shanghai Composite traded 0.13% higher, with the Shenzhen Composite advancing by 0.24% a minute later.

Japan's Nikkei 225 decreased by 1.8% at 4:35 am CET, as the dollar traded 0.05% higher against the yen, going for ¥108.2320. South Korea's Kospi Composite added 0.3% at 4:36 am CET, as the Australian S&P/ASX 200 lost 0.38%.

Breaking the News / NL