Epic Research Singapore : Nikkei 225 Index Update

Asian markets were mostly lower Wednesday, with Japanese stocks retreating after a sharp gain in the previous session, while corporate earnings were the focus in Australia.

The Nikkei was down 0.4%, pulling back from a sharp 3.1% rise in the previous session that was sparked by a surprise move by the Bank of Japan. Stocks in Tokyo enjoyed their best daily performance since August on Tuesday after the central bank took steps to encourage bank lending, raising expectations of looser monetary policy in the future.

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