Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea.
Mongkol Chuewong | Moment | Getty Images
Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the U.S. government shutdown.
Spot gold prices surged 0.09% to hit a fresh record of $3,875.32 as of 11:04 a.m. Singapore time (11:04 p.m. ET).
Over in Japan, the central bank released the results for its third-quarter Tankan survey.[1] The Tankan survey measures business sentiment among domestic companies, and is closely watched by the Bank of Japan.
The index for business optimism among large Japanese manufacturers increased to +14 for the third quarter from +13 in the previous quarter, but was lower than the +15 expected by economists polled by Reuters. The non-manufacturing index held steady at +34.
A positive figure on the Tankan indicates that optimists outnumber pessimists.
Japan’s Nikkei 225[2] sunk 1.16%, while the broad based Topix was down 1.71%.
The Reserve Bank of India held rates at 5.5%, in line with expectations by economists polled by Reuters. The Nifty 50[3] rose 0.31%, while the Sensex index added 0.22%.
Overnight in the U.S., the S&P 500[4] closed up 0.41% at 6,688.46, while the Nasdaq Composite[5] climbed 0.31% to finish at 22,660.01.
The Dow Jones Industrial Average[6] advanced 81.82 points, or 0.18%, to close at 46,397.89 — a fresh closing high.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
References
- ^ third-quarter Tankan survey. (www.boj.or.jp)
- ^ Nikkei 225 (www.cnbc.com)
- ^ Nifty 50 (www.cnbc.com)
- ^ S&P 500 (www.cnbc.com)
- ^ Nasdaq Composite (www.cnbc.com)
- ^ Dow Jones Industrial Average (www.cnbc.com)