Asian stock markets ended the day’s trade mixed on Monday as continued concerns over the outlook for Europe overshadowed better-than-expected US jobs data on Friday, and pushed the euro to fresh lows against the US dollar and Japanese yen. Concerns about the ability of European leaders to find a comprehensive solution to the eurozone’s ongoing sovereign-debt and banking crisis amid growing worries over the outlook for Greece, Italy and Spain took center stage on Monday ahead of a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel.
Chinese benchmark jumped about three percent after the Chinese Premier Wen Jiabao said Beijing would improve market regulation. However, Seoul benchmark fell about a percentage point, weighed down by programme selling ahead of the year’s first expiration date on stock options, with investors remaining dispirited by persistent euro zone debt worries and concerns about upcoming fourth-quarter results.
The stock markets in Japan remained closed on Monday in observance of a public holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,225.89 | 62.49 | 2.89 |
Hang Seng | 18,865.72 | 272.66 | 1.47 |
Jakarta Composite | 3,889.07 | 19.66 | 0.51 |
Straits Times | 2,691.28 | -24.31 | -0.90 |
Seoul Composite | 1,826.49 | -16.65 | -0.90 |
Taiwan Weighted | 7,093.04 | -27.47 | -0.39 |
Nikkei 225 | - | - | - |
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: