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Asian markets end mostly in green on Monday

22 May 2017 Evaluate

Asian equity markets ended mostly in green on Monday as the Japanese yen weakened and US crude futures climbed back above $50 per barrel on expectations that major oil producing nations might extend their production cuts beyond an agreed-on June deadline when they meet on May 25. Investors shrugged off news that North Korea fired another ballistic missile on Sunday. Japanese shares ended higher in thin trading after official data showed the country's exports expanded for a fifth consecutive month in April, aided by higher shipments of semiconductors and steel. However, Chinese shares ended lower as worries over slowing economic growth and tighter regulations continued to haunt investors.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,075.68

-14.95

-0.48

Hang Seng

25,391.34

216.47

0.86

Jakarta Composite

5,749.45

-42.44

-0.73

KLSE Composite

1,774.95

6.67

0.38

Nikkei 225

19,678.28

87.52

0.45

Straits Times

3,213.57

-3.35

-0.10

KOSPI Composite

2,304.03

15.55

0.68

Taiwan Weighted

9,997.26

49.64

0.50

 

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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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