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Asian markets end mixed on Tuesday

20 Dec 2016 Evaluate

Asian stocks ended mixed on Tuesday, with Chinese and Hong Kong shares ending in the red on waning hopes for additional monetary stimulus and concerns surrounding a tighter regulatory environment. China's central bank said it would tighten supervision of shadow banking businesses by including off-balance sheet wealth management products into its risk-assessment framework next year. Meanwhile, Japanese shares ended higher after the market digested the Bank of Japan's decision to maintain current monetary policy, and the yen's fall versus the dollar lifted overall sentiment. The Bank of Japan kept its monetary policy settings unchanged, as widely expected, saying the economy continues to recover moderately as a trend.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,102.88

-15.21

-0.49

Hang Seng

21,729.06

-103.62

-0.47

Jakarta Composite

5,162.48

-29.43

-0.57

KLSE Composite

1,634.52

0.22

0.01

Nikkei 225

19,494.53

102.93

0.53

Straits Times

2,911.31

-1.77

-0.06

KOSPI Composite

2,041.94

3.55

0.17

Taiwan Weighted

9,242.41

3.09

0.03

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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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