Asian shares slump after U.S. Fed decision

Mubasher: Asian stock markets fell on Friday as markets absorbed the impact of the U.S. Federal Reserve decision Wednesday to raise interest rate.

Asian bourses' decline following a rise in global indices on Thursday after the Fed decision.

Japan's Nikkei shed 1.89% or 367 points to reach 18,987 points.

China's Shanghai Index lost 0.03% to 3,579 points while Hang Seng Index sagged 0.53% or 116 points to 21,756 points.

Mubasher Contribution Time: 18-Dec-2015 11:17 (GMT)