Asian stocks mixed; eyes on Federal Reserve meeting

Mubasher: Asian stocks closed Wednesday on a mixed note amid investors’ anticipation of the Federal Reserve meeting.  

Nikkei fell 0.8% to 16,974  points, and the TOPIX lost 0.8% to 1,360.

Meanwhile, Shanghai Composite index rose 1.2% to 2870.4.

The yen fell by 0.2% against the dollar to reach 113.3.

Investors are anticipating the US Federal Reserve to unveil its decision about monetary policy on Wednesday.

Mubasher Contribution Time: 16-Mar-2016 07:45 (GMT)