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Asian markets end in green on Thursday

11 May 2017 Evaluate

Asian equity markets ended higher on Thursday, with a rebound in crude oil prices and rising optimism about the US economy lending some support. Chinese shares reversed earlier losses to end higher, led by gains in realty and infrastructure stocks, after reports suggested that the central bank is likely to inject funds via its medium-term lending facility on Friday. Further, Japanese shares eked out modest gains as crude prices inched higher and the yen held steady around the 114 level following the release of strong trade and investment data. Meanwhile, the Indonesian market was closed in observance of Wesak Day.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,061.50

8.72

0.29

Hang Seng

25,125.55

110.13

0.44

Jakarta Composite

-

-

-

KLSE Composite

1,775.39

8.83

0.50

Nikkei 225

19,961.55

61.46

0.31

Straits Times

3,271.11

21.14

0.65

KOSPI Composite

2,296.37

26.25

1.16

Taiwan Weighted

10,001.48

33.16

0.33

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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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