Asian Markets, January 22, 2013

As of January 22, Nikkei 225 index fell by 0.35% after the decisions of Bank of Japan(BOJ). BOJ declared that it would implement an open-ended asset purchase program and an inflation target of 2%, but it did not give a signal of a deadline for these decisions. Thus stocks left early gains.

While Hang Seng Index in Hong Kong rose by 0.5%, Shangai Composite Index fell by 0.6% due to the shares of property development companies.