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Asian markets end mostly in green on Wednesday

25 Mar 2015 Evaluate

The Asian markets closed mostly in green on Wednesday, while the Chinese stocks closed lower as losses in the Banking, Electricity and Utilities sectors led shares lower.  The Asian Development Bank stated that Indonesia’s economic growth could speed up to 5.5% this year and 6% next year, should President Joko Widodo’s administration succeed in maintaining a healthy investment climate in the country. The economy grew 5% last year, a fourth consecutive year of deceleration. Last year, household consumption remained buoyant, but government spending and investment slowed, while exports fell. Japan’s corporate services price index (CSPI) fell to a seasonally adjusted annual rate of 3.3%, from 3.5% in the preceding month whose figure was revised up from 3.4%. South Korean GDP rose to a seasonally adjusted 0.3%.

     Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

3,660.73

-30.68

-0.83

Hang Seng

24,528.23

128.63

0.53

Jakarta Composite

5,405.49

-42.16

-0.77

KLSE Composite

1,819.10

5.06

0.28

Nikkei 225

19,746.20

32.75

0.17

Straits Times

3,419.02

5.76

0.17

KOSPI Composite

2,042.81

1.44

0.07

Taiwan Weighted

9,667.83

-63.83

-0.66

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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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