Japan stocks gained further on Wednesday to a fresh one-month high, as the yen weakened versus the greenback ahead of the outcome of the Federal Reserve’s policy meeting later in the day.
In Japan, the Nikkei 225 index gained 27.43 points, or 0.2%, to 17,795.73
In Hong Kong, the Hang Seng index moved higher 54.53 points, or 0.2%, to 24,861.81
Meanwhile, the yen declined against the U.S. dollar to ¥118.05, compared with ¥117.78 late Tuesday in New York, as investors awaited the upcoming statement of the Federal Reserve after its two-day policy meeting that started Tuesday.
Among big movers, electronics giant Sharp Corporation jumped 4.4%, media conglomerate Sony Corporation advanced 2.7%, Panasonic Corporation advanced 2%, while maker of construction and mining equipment Komatsu Ltd. declined 2.3%, and semiconductor maker Tokyo Electron Ltd. lost 1.9%.
In other markets;
The Shanghai CS300 index doffed 49.61 points, or 1.4%, to 3,525.32,
The Kospi in Korea was 9.18 points, or 0.5%, better to 1,961.58
In Taiwan, the Taiex index tailed off 10.67 points, or 0.1%, to 9,510.92
In Singapore, the Straits Times Index added 6.95 points, or 0.2%, to 3,419.15
New Zealand’s NZX 50 index gained 57.09 points, or 1%, to 5,794.82
The S&P/ASX index eked up 5.56 points, or 0.1%, to 5,582.78.
