Stocks in Asia were mixed in the morning session on Friday after the two biggest central banks raised interest rates this week.
As of 9:49 BKK time on Friday, Shanghai Composite dipped 0.64%, IDX Composite fell 0.65%. Meanwhile, ASX 200 gained 0.20% and Hang Seng Index rose 0.73%.
Stock markets in Japan, Korea and Thailand are closed for holiday.
Last night, the European Central Bank brought its benchmark rate to 3.25% with a 25bps hike, a level not seen since November 2008, saying that the inflation outlook continues to be too high for too long.
On Wednesday, the Federal Reserve delivered a 25 bps rate hike.
The Dow Jones Industrial Average decreased 0.86% to 33,127.74 points, the S&P 500 fell 0.72% and the Nasdaq Composite dipped 0.49%. The Dow turned negative for the year after the closing on Thursday. Wall Street recorded its fourth straight losses.
