Today, Asian stock indices are multidirectional in advance of the forthcoming FRS statement. Investors will make their major decisions after the statement.
· MSCI Asia Pacific gained 0,3%, thereby reaching 121,04
· Nikkei 225 increased by 0,6%
· Hang Seng gained 0,1%
· Kospi dropped 0,2% down
The stock of Bank of Communications Co. lost 0,6% of its value. The stock of AU Optronics depreciated by 4,4%. Not so long ago, the company was fined $1bn by the US authorities for some price collusion.
At the same time, the stocks of Kansai Electric Power Co. and Kyushu Electric Power Co. boosted by 7,7%.
The chart below, courtesy of , reflects the current state of affairs in the market of Nikkei 225:
