TELETRADER News
3/21, 5:28 AM (Source: TeleTrader)
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Asia trades mixed after PBoC holds interest rates

Equities on Asian markets started this week's trading session mixed after the People's Bank of China (PBoC) revealed it decided against adjusting its monetary policy in March. The central bank's one-year loan prime rate will remain unchanged compared to last month's data, standing at 3.70%. Meanwhile, the five-year loan prime was set at 4.60%, the same as it was for the past year.

In mainland China, the Shanghai Composite traded flat at 4:30 am CET and Shenzhen Composite added 0.43% at 5:25 am CET. At 5:05 am CET, Hong Kong's Hang Seng lost 0.08%.

The dollar traded 0.05% higher against the yen going for ¥119.2100 at 5:26 am CET, as South Korea's Kospi Composite lost by 0.40% and the Australian S&P/ASX 200 added 0.11%. Stocks in Japan are closed on Monday for a market holiday.

Baha Breaking News (BBN) / NL