Shares in major Asia-Pacific markets struggled for direction on Tuesday as investors reacted to the Australian central bank’s interest rate decision.
In Japan, the Nikkei 225 regained 45.02 points, or 0.2%, Tuesday to 28,643.21.
In Hong Kong, the Hang Seng dipped 166.92 points, or 0.6%, to 28,143.50.
Shares of Asia-Pacific firms in the oil space rose on Tuesday trade. Shares of Inpex in Japan also jumped 1.8%. In Hong Kong, shares of CNOOC climbed 1.6%, as of their final hour of trading.
Australia’s Beach Energy rising 2% while Santos gained 0.4%
The Reserve Bank of Australia announced Tuesday its decision to keep the cash rate target at 0.1%. Following that announcement, the Australian dollar changed hands at $0.7583, still above levels below $0.752 seen yesterday.
In other markets
In Shanghai, the CSI 300 bowed 2.68 points, or 0.1%, to 5,083.11.
In Singapore, the Straits Times Index gained 49.57 points, or 1.6% to 3,190.59
The Kospi index in Korea added 12 points, or 0.4%, to 3,305.21.
In Taiwan, the Taiex index docked 6.26 points to 17,913.07
In New Zealand, the NZX 50 doffed 53.39 points, or 0.4%, to 12,758.93
In Australia, the ASX 200 lost 53.18 points, or 0.7%, to 7,261.78.
