Most of the Asian equity benchmarks are trading lower in the early deals on Tuesday, as financial markets braced for the possibility of Greece defaulting on its debt, while a two-day policy meeting of the US Federal Reserve's monetary committee starting later in the day also prompted caution. The Japanese market is lower amid cautious trades, following the negative lead overnight from Wall Street amid concerns about Greece. Additionally, exporters are declining on the back of a stronger yen. Among the other markets in the Asian region, Shanghai, South Korea, Hong Kong, Singapore and Taiwan are also in negative territory. Meanwhile, Indonesia and Malaysia are up with modest gains.
Nikkei 225 declined 98.91 points or 0.49 % to 20,288.88, KOSPI Index slipped 20.75 points or 1.02 % to 2,021.57, Taiwan Weighted contracted 69.45 points or 0.75 % to 9,190.03, Shanghai Composite dipped 67.71 points or 1.34 % to 4,995.28, Hang Seng decreased 90.48 points or 0.34 % to 26,771.33 and Straits Times was down by 20.64 points or 0.62 % to 3,302.49.
On the flip side, Jakarta Composite increased 14.91 points or 0.31 % to 4,852.71 and FTSE Bursa Malaysia KLCI was up by 1.51 points or 0.09 % to 1,723.67.
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: