• Asian Stocks close: stocks were exhibiting a mixed trend after the World Bank cuts economic global forecast

Market news

11 June 2014

Asian Stocks close: stocks were exhibiting a mixed trend after the World Bank cuts economic global forecast

Asian stock traded mixed trend after the World Bank cuts economic global forecast. The World Bank lowered its global growth forecast to 2.8% from an earlier estimate of 3.2% due to a weaker outlook for the U.S., Russia and China.

Japan's BSI manufacturing index for the second quarter declined to -13.9 points from 12.7 in the first quarter, missing expectations for a rise to 14.1.

Indexes on the close:

Nikkei 225                         15,069.48                  +74.68            +0.50%

Hang Seng                        23,257.29                   -58.45             -0.25%

Shanghai Composite           2,054.95                    +2.42            +0.12%

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