Asian stocks stall on Wall Street pullback, euro gains before ECB

Asian stocks stalled on Thursday, weighed as Wall Street shares pulled back from record highs, while the euro stretched gains ahead of a European Central Bank policy meeting at which it could take a major step away from accommodative policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.05 percent. Australian stocks dipped 0.2 percent while South Korea’s KOSPI lost 0.1 percent.

Japan’s Nikkei , which had snapped a 16-day winning run the previous day, rose 0.35 percent.

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Posted in: Indian Market Tips