The Asian markets concluded Monday’s trade mostly in red, with Hong Kong’s index tumbling the most in three months amid concerns over slumping Chinese property prices, higher money-market rates and political tension between the city and the mainland. Indonesia’s bonds fell, pushing the 10-year yield to a three-month high, on speculation the prospect of increased government debt sales will prompt investors to seek higher returns on existing notes. Manufacturing activity in China expanded at the fastest pace in seven months in June, easing concerns over the outlook for growth in the world’s second largest economy. China’s HSBC Flash Purchasing Managers Index, the earliest indicator of the country's industrial activity, rose to 50.8 in June from a final reading of 49.4 in May.
Japanese businesses left behind this year as global equities rallied to a record found a winning strategy in buying back shares the rest of the world preferred to avoid. Foreign investors, which account for about 60% of market turnover, reduced holdings of Japanese shares in all but one month this year just as buybacks surged. Taiwanese Industrial Production fell to a seasonally adjusted annual rate of 5.19%, from 5.29% in the preceding month whose figure was revised up from 4.80%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2024.37 | -2.31 | -0.11 |
Hang Seng | 22804.81 | -389.25 | -1.68 |
Jakarta Composite | 4842.13 | -5.57 | -0.11 |
KLSE Composite | 1883.96 | -1.76 | -0.09 |
Nikkei 225 | 15369.28 | 19.86 | 0.13 |
Straits Times | 3257.40 | -1.40 | -0.04 |
KOSPI Composite | 1974.92 | 6.85 | 0.35 |
Taiwan Weighted | 9228.35 | -45.44 | -0.49 |
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: