Asian Stocks close: most stocks closed higher after the yesterday's Fed' interest rate decision

Market news

30 October 2014

Asian Stocks close: most stocks closed higher after the yesterday's Fed' interest rate decision

Most Asian stock indices closed higher after the yesterday's Fed' interest rate decision. The Fed has decided to end its bond-buying program as widely expected.

The Fed kept its interest unchanged and said that interest rates would remain unchanged for a "considerable time".

Investors also weighed some corporate earnings reports.

Samsung Electronics Co. shares rose 4.5% after reporting its fourth-quarter profit will increase.

Indexes on the close:

Nikkei 225 15,658.2 +104.29 +0.67%

Hang Seng 23,702.04 -117.83 -0.49%

Shanghai Composite 2,391.08 +18.05 +0.76%

Reserve Bank of New Zealand kept its monetary policy unchanged

Foreign exchange market. Asian session: the U.S. dollar traded higher against the most major currencies yesterday’s Fed' interest rate decision

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