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Asia Stocks Sag as Fed Tempers Wall Street Rally, Dollar Firm


Friday, 9 November 2018 09:18 WIB

MSCI Asia PacificSaham Asia


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Asian stocks dipped on Friday as Wall Street took a breather after the Federal Reserve kept intact its plans to continue raising interest rates at a gradual pace, with a fourth hike for this year expected next month.

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.06 percent to 491.06. The index was still headed for a sizable gain of more than 6 percent this week, during which it rose to a one-month high.

Australian stocks were flat, South Korea's KOSPI edged up 0.2 percent and Japan's Nikkei fell 0.2 percent.

Source : Investing


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