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Asian markets end mostly higher on Tuesday

21 Jun 2016 Evaluate

Asian equity markets ended mostly higher on Tuesday on optimism Britain will vote to stay in the European Union, as investors awaited an economic report by the head of the US Federal Reserve. Two opinion polls on Monday showed 'Remain' camp regaining some momentum; while the online poll by YouGov gave Leave a 51/49 advantage. Japanese shares rose on Tuesday in choppy trade, as a weakening yen supported sentiment. However, Chinese shares gave up early gains to close lower after a late bout of selling emerged in small-cap stocks.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

2,878.56

-10.25

-0.35

Hang Seng

20,668.44

158.24

0.77

Jakarta Composite

4,878.71

15.18

0.31

KLSE Composite

1,637.69

3.46

0.21

Nikkei 225

16,169.11

203.81

1.28

Straits Times

2,789.45

-11.42

-0.41

KOSPI Composite

1,982.70

1.58

0.08

Taiwan Weighted

8,684.85

58.93

0.68

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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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