Asian markets end in green on Tuesday

06 Sep 2016 Evaluate

The Asian markets ended in green on Tuesday, as oil prices rallied and the Reserve Bank of Australia kept rates on hold, as widely expected. The Reverse Bank of Australia (RBA) in a statement cited reasons such as continued growth, low inflation and mixed labor market data as contributing factors to hold interest rates steady. Chinese shares ended higher, led by gains in consumer and industrial stocks. Further, Japanese shares rose as the yen weakened against the dollar after rising on Monday following a speech from BOJ Governor Haruhiko Kuroda.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,090.71	18.62	0.61
Hang Seng	23,787.68	138.13	0.58
Jakarta Composite	5,372.10	15.14	0.28
KLSE Composite	1,689.92	11.84	0.71
Nikkei 225	17,081.98	44.35	0.26
Straits Times	2,896.55	44.81	1.57
KOSPI Composite	2,066.53	6.45	0.31
Taiwan Weighted	9,181.85	91.72	1.01

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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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