Stocks in Asia
are mixed
ahead of the Federal Reserve's meeting this week.
Adani Entreprises stock lost 25% in January. As a result, Gautam Adani, the Indian Billionaire who was the world's second richest person last year, is out of the top 10. Adani is now
worth $84.4B, down from $150B in September.
South Korea's factory output dropped 7.3% In December, the worst fall since May 2020 and below expectations of a 5.1% decline.
China's Purchasing Managers Index and Thailand's international trade data are both due out later today.
SP Asia 50
5,061.34
-1.68%
Japan (Nikkei 225)
27,456.09
0.08%
South Korea (KOSPI)
2,453.53
0.12%
China (Hang Seng)
22,069.73
-2.73%
India (SENSEX)
59,500.41
0.29%
*Asian stock prices are as of 7 am ET. Data received directly from the reference indexes through ICE Data Services.
