Asian markets end mostly lower on Wednesday

15 Mar 2017 Evaluate

Asian equity markets ended mostly lower on Wednesday ahead of a rates decision from the US Federal Reserve and as Dutch voters head to the polls. Investors were focused on what the Federal Reserve will say about tightening monetary policy during the rest of the year with markets already pricing in an immediate rise in US interest rates. Japanese shares ended lower as the yen continued to strengthen against the dollar. Though, Chinese shares ended marginally higher after Premier Li Keqiang's news conference at the end of the annual meeting of China's parliament offered few surprises. A rebound in oil prices in Asian trading also helped to limit overall losses to some extent.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,241.76	2.43	0.08
Hang Seng	23,792.85	-35.10	-0.15
Jakarta Composite	5,432.38	0.80	0.01
KLSE Composite	1,717.36	-5.11	-0.30
Nikkei 225	19,577.38	-32.12	-0.16
Straits Times	3,135.29	-8.11	-0.26
KOSPI Composite	2,133.00	-0.78	-0.04
Taiwan Weighted	9,740.31	-3.90	-0.04

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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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