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Asian markets conclude Tuesday’s trade on mixed note

20 May 2014 Evaluate

The Asian markets concluded Tuesday’s trade on a mixed note, with Hang Seng Index closing at a five-week high. Shanghai’s new home market continued on a weak trajectory last week despite a rebound in sales of mid- to low-end projects. The purchases of new residential properties, excluding government-subsidized affordable housing, rose 20.6% from the previous seven-day period to 150,800 square meters. The average price for the new homes was 25,860 yuan ($4,171) per square meter, a week-on-week decline of 3.4%. Japan’s All Industries Activity Index rose to a seasonally adjusted 1.5%, from -1.1% in the preceding month. Singaporean GDP fell to a seasonally adjusted 4.9%, from 5.1% in the preceding quarter.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2008.12

2.94

0.15

Hang Seng

22834.68

130.18

0.57

Jakarta Composite

4895.96

-119.04

-2.37

KLSE Composite

1881.16

-5.91

-0.31

Nikkei 225

14075.25

68.81

0.49

Straits Times

 3265.47

3.04

0.09

KOSPI Composite

2011.26

-3.88

-0.19

Taiwan Weighted

8887.79

-12.11

-0.14

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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