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Asian markets end mostly in green on Wednesday

18 Jan 2017 Evaluate

Asian equity markets ended mostly in green on Wednesday, led by a surge in energy companies after oil climbed above $52 per barrel. Japanese stocks ended up, with export-oriented shares receiving a boost from a weaker yen. Meanwhile, investors remained cautious in the wake of President-elect Donald Trump's charge that a strong dollar is hurting the economy. Trump's remarks sparked a selloff in the US currency, adding to earlier weakness after British Prime Minister Theresa May confirmed a ‘hard’ exit from the European Union.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,113.01

4.24

0.14

Hang Seng

23,098.26

257.29

1.13

Jakarta Composite

5,294.78

27.85

0.53

KLSE Composite

1,665.02

1.99

0.12

Nikkei 225

18,894.37

80.84

0.43

Straits Times

3,000.22

-12.55

-0.42

KOSPI Composite

2,070.54

-1.33

-0.06

Taiwan Weighted

9,341.97

-12.56

-0.13

 

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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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