Asian markets end mixed on Friday

07 Apr 2017 Evaluate

Asian made a mixed closing on Friday due to escalating geopolitical worries after the US bombed a Syrian regime target for the first time since the country's civil war began in 2011, in retaliation for this week's gruesome chemical weapons attack against civilians. Also, investors awaited cues from the meeting between leaders of the world's two biggest economies and the US employment report slated for release later in the day. A statement from the White House said that President Donald Trump and Chinese President Xi Jinping will discuss global, regional and bilateral issues of mutual concern. Meanwhile, Chinese stocks ended higher, led by the Shanghai benchmark closing at a 15-month high, with risk appetite lifted by Beijing's decision to launch a new economic zone in Hebei province.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,286.62	5.61	0.17
Hang Seng	24,267.30	-6.42	-0.03
Jakarta Composite	5,653.49	-26.75	-0.47
KLSE Composite	1,741.72	2.16	0.12
Nikkei 225	18,664.63	67.57	0.36
Straits Times	3,177.27	1.68	0.05
KOSPI Composite	2,151.73	-1.02	-0.05
Taiwan Weighted	9,873.37	-24.43	-0.25

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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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