Asian markets end in green on Wednesday

26 Apr 2017 Evaluate

Asian equity markets ended in green on Wednesday, with Japanese shares rising after Wall Street hit new peaks overnight on the back of strong earnings and expectations that the Trump administration will unveil a new tax plan on Wednesday. The yen continued to weaken ahead of BOJ and ECB policy meetings and oil prices slipped on data showing a surprise build-up in inventories, while gold prices hovered near two-week lows after losing almost 1 percent in the previous session. Further, Chinese shares ended higher after China's politburo said the country will continue to adopt a proactive fiscal policy and prudent monetary policy.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,140.85	6.28	0.20
Hang Seng	24,578.43	122.49	0.50
Jakarta Composite	5,726.53	45.73	0.81
KLSE Composite	1,768.92	3.12	0.18
Nikkei 225	19,289.43	210.10	1.10
Straits Times	3,173.76	9.83	0.31
KOSPI Composite	2,207.84	10.99	0.50
Taiwan Weighted	9,856.45	14.74	0.15

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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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