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Asian markets end mixed on Monday

21 Mar 2016 Evaluate

Asian equity markets ended mixed on Monday as a retreat in oil prices prompted investors to lock in some profits after three consecutive weeks of gains. Many market watchers are predicting a quiet week ahead in the absence of major economic data from the US and China, and with many markets off for Good Friday. However, Chinese shares rallied to extend gains for a seventh day after authorities signaled a loosening stance toward margin trading and cut borrowing costs for brokerages. Market in Japan was closed for a holiday.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,018.80 63.652.15
Hang Seng20,684.15 12.520.06
Jakarta Composite4,885.16 -0.54-0.01
KLSE Composite1,718.36 2.020.12
Nikkei 225---
Straits Times2,880.69 -26.11-0.90
KOSPI Composite1,989.76 -2.36-0.12
Taiwan Weighted8,812.70 1.990.02

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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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