Asian markets end in red on Monday

27 Mar 2017 Evaluate

Asian equity markets ended in red on Monday amid rising doubts over US President Donald Trump's ability to pass legislative reforms after Republican leaders pulled a bill to overhaul the US health care system. Japanese shares ended lower, wallowing at a six-week low and deepening last week's 1.3 percent loss, on pressure from a resurgent yen. Further, Chinese shares fell despite solid data from the National Bureau of Statistics showing that China's industrial profits grew sharply in the first two months of the year, driven by faster rise in prices of coal, steel and crude oil. Industrial profits surged an annual 31.5 percent in the January to February period, accelerating from a 2.3 percent gain in December.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,266.96	-2.49	-0.08
Hang Seng	24,193.70	-164.57	-0.68
Jakarta Composite	5,541.20	-25.93	-0.47
KLSE Composite	1,744.95	-0.80	-0.05
Nikkei 225	18,985.59	-276.94	-1.44
Straits Times	3,126.88	-16.02	-0.51
KOSPI Composite	2,155.66	-13.29	-0.61
Taiwan Weighted	9,876.77	-26.21	-0.26

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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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