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Asian markets end mostly lower on Tuesday

14 Jun 2016 Evaluate

Asian equity markets ended mostly lower on Tuesday, as falling oil prices on worries about global growth and renewed strength in the yen added to the impending uncertainty over the outcome of the UK's EU referendum. Japanese shares hit nine-week lows as falling government bond yields and a strengthening yen kept financials and exporters under pressure. Hong Kong shares fell on Tuesday, with market sentiment curbed by worries about China's economy and uncertainty around this week's Federal Reserve meeting and next week's British referendum on whether to leave the European Union. However, Chinese shares eked out modest gains ahead of MSCI's decision on whether to add Chinese A-shares to its Emerging Markets Index.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

2,842.19

9.12

0.32

Hang Seng

20,387.53

-125.46

-0.61

Jakarta Composite

4,821.59

14.36

0.30

KLSE Composite

1,626.11

-3.66

-0.22

Nikkei 225

15,859.00

-160.18

-1.00

Straits Times

2,768.33

-17.10

-0.61

KOSPI Composite

1,972.03

-7.03

-0.36

Taiwan Weighted

8,576.12

39.90

0.47

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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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