Regional stocks fell today following the US Federal Reserve decision to keep the near-zero benchmark interest rate unchanged for now.
But, taking a cue from Wall Street, stocks in Hong Kong and China gained in the morning.
The blue chip Hang Seng Index advanced by 0.27 percent at 23,017.82.
In Shanghai, the Composite Index gained by 0.37 percent at 3,387.77 and the Shenzhen Composite Index was up by 0.67 percent at 2,011.82.
Yesterday, ahead of the Fed announcement, regional market mostly fell.
European benchmarks also closed higher yesterday.
London’s FTSE 100 index closed up by 1.14 percent at 6,437.80 points, while Frankfurt’s DAX 30 also rallied by 1.31 percent at 10,831.96.
On Wall Street, the blue chip Dow Jones Industrial Average climbed by 1.13 percent at 17,779.52.
The S&P 500 gained by 1.18 percent at 2,090.35 and the Nasdaq Composite Index was up by 1.30 percent at 5,095.69 at the close.
The Fed said in a statement early today it would track employment in and inflation in the US to decide on “whether it will be appropriate to raise the target range” at its December meeting.
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