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Asian markets end mostly in green on Wednesday

16 Mar 2016 Evaluate

Asian equity markets ended mostly in green on Wednesday, followed by a positive close on Wall Street overnight while traders remained cautious over the outcome of the US Federal Reserve policy meeting, scheduled for Wednesday. Markets were also watching for news from the annual session of China's National People's Congress. Concerns have been growing lately that the economy is losing momentum and can no longer serve as such a strong driver of regional growth. Meanwhile, Hong Kong shares finished down as investors sold shares on the final day of the annual meeting of China's parliament.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,870.436.060.21
Hang Seng20,257.70-31.07-0.15
Jakarta Composite4,861.4411.660.24
KLSE Composite1,693.432.510.15
Nikkei 22516,974.45-142.62-0.83
Straits Times2,844.214.770.17
KOSPI Composite1,974.904.930.25
Taiwan Weighted8,699.1487.961.02

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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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