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Asian markets end mostly in green on Wednesday

23 Nov 2016 Evaluate

Asian equity markets ended mostly in green on Wednesday, helped by Wall Street's record run, even as the dollar's strength and rising bond yields implied faster-than-expected rate hikes by the Federal Reserve going forward. Oil prices traded slightly lower in Asian deals after reports that Iran and Iraq aren't ready to agree on an OPEC output freeze. Chinese shares ended slightly lower even as survey figures from MNI showed China's business sentiment picked up slightly in November after falling in the previous month. Markets in Japan were closed for Labor Thanksgiving Day.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,241.14

-7.22

-0.22

Hang Seng

22,676.69

-1.38

-0.01

Jakarta Composite

5,212.00

7.32

0.14

KLSE Composite

1,630.38

1.06

0.07

Nikkei 225

-

-

-

Straits Times

2,839.69

17.49

0.62

KOSPI Composite

1,987.95

4.48

0.23

Taiwan Weighted

9,178.23

44.84

0.49

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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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