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Asian markets end mostly in green on Thursday

19 Mar 2015 Evaluate

The Asian markets closed mostly in green on Thursday, as investors noted that Federal Reserve has moved to clarify the terms of a widely expected rate hike this year. Chinese cabinet stated that the country will make flexible use of its monetary policy tools to support the economy and employment. The state council added that policymakers will also increase targeted adjustments to policy to bolster growth in the world’s second-largest economy. Japan Automobile Manufacturers Association stated that demand for new cars, trucks and buses is expected to fall 5.4 per cent to 4.99 million vehicles in the fiscal year ending in March 2016. That would mark a second straight year of declines, as car sales continue to suffer from the hangover of a sales take hike in April last year. Japan’s All Industries Activity Index rose to a seasonally adjusted 1.9%, from -0.1% in the preceding month whose figure was revised up from -0.3%.

     Asian Indices

Last Trade

Change in Points

Change in %

Shanghai

3,582.27

4.97

0.14

Hang Seng

24,468.89

348.81

1.45

Jakarta Composite

5,453.85

40.70

0.75

KLSE Composite

1,809.13

11.56

0.64

Nikkei 225

19,476.56

-67.92

-0.35

Straits Times

3,386.16

24.41

0.73

KOSPI Composite

2,037.89

9.44

0.47

Taiwan Weighted

9,736.37

83.30

0.86

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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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