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Asian markets end mixed on Tuesday

09 May 2017 Evaluate

Asian equity markets made a mixed closing on Tuesday as the French election euphoria faded and a lack of fresh catalysts kept investors on the sidelines. Chinese shares ended flat in thin trading as concerns over tougher financial regulations lingered. The People's Bank of China refrained from injecting cash into markets via open market operations for the third day running, adding to concerns over policy tightening. Japanese stocks ended down as the market ran out of steam after rallying to a 17-month high on Monday, though it was supported by the yen languishing at a near two-month low against the dollar. Meanwhile, financial markets in South Korea were closed amid the much-anticipated presidential election, with Moon Jae-in, a liberal candidate of the Democratic Party, appearing to be the front-runner.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,080.53

1.91

0.06

Hang Seng

24,889.03

311.12

1.27

Jakarta Composite

5,697.06

-10.81

-0.19

KLSE Composite

1,766.56

-1.59

-0.09

Nikkei 225

19,843.00

-52.70

-0.26

Straits Times

3,249.97

12.99

0.40

KOSPI Composite

-

-

-

Taiwan Weighted

9,915.48

-21.77

-0.22

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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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