A Chinese language flag flies excessive over The Bund.
Liu Liqun | Corbis Documentary | Getty Photographs
Asia-Pacific markets traded mixed Monday as China’s central financial institution held rates at a time when the yuan has come below strain as a result of Beijing-Washington trade tensions.
Mainland China’s CSI 300 rose 0.15% after the Individuals’s Financial institution of China saved its key mortgage prime rates unchanged at 3.10% for 1-year mortgage maturities and three.60% for 5-year mortgage maturities, consistent with the expectations of economists polled by Reuters.
India’s benchmark Nifty 50 moved up 0.56% in early trade whereas the broader BSE Sensex added 0.73%.
Japan’s benchmark Nikkei 225 fell 1.33%, whereas the broader Topix index declined 1.3%.
In South Korea, the Kospi index was down 0.16% whereas the small-cap Kosdaq fell 0.51% in uneven trade.
Australian and Hong Kong markets had been closed for the Easter vacation.
— CNBC’s Sean Conlon contributed to this report.
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