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Asian markets end in green on Friday

25 Nov 2016 Evaluate

Asian equity markets ended in green on Friday, despite a lack of direction from US markets that were shut on Thursday for the Thanksgiving holiday. While oil prices treaded water in Asian trade ahead of next week's OPEC meeting, the Yuan traded slightly firmer after having touched an eight-year low versus the dollar the previous day on expectations of higher US interest rates going forward. Japanese shares ended higher after the dollar jumped further against the yen, boosting prospects for better corporate earnings. Further, Chinese shares ended higher as investors continued to scoop up blue-chips on signs that the economy is on steadier footing.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,261.94

20.20

0.62

Hang Seng

22,723.45

114.96

0.51

Jakarta Composite

5,122.10

14.48

0.28

KLSE Composite

1,627.26

3.05

0.19

Nikkei 225

18,381.22

47.81

0.26

Straits Times

2,859.33

15.61

0.55

KOSPI Composite

1,974.46

3.20

0.16

Taiwan Weighted

9,159.07

6.96

0.08

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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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