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Asian markets end lower on Wednesday

10 Feb 2016 Evaluate

Asian markets ended in red on Wednesday, as the collapse of oil prices and fresh worries that a new banking crisis could erupt in a fragile global economy added to the risk-off mood. Shares fell across the region despite oil prices seeking some rebound from overnight losses on news that Iran is ready to talk with Saudi Arabia over the current conditions in international oil markets. Japanese shares hit a 15-month low as the dollar slid from the lower 115 yen range to the mid-114 yen zone on concerns over global market volatility and worries over financial institutions in Europe and the US. The markets in South Korea, Taiwan, China and Hong Kong remain closed for the Lunar New Year holiday.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite---
Hang Seng---
Jakarta Composite4,732.48 -36.14-0.76
KLSE Composite1,644.41 -18.05-1.09
Nikkei 22515,713.39 -372.05-2.31
Straits Times2,582.10 -41.11-1.57
KOSPI Composite---
Taiwan Weighted---

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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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