Asian markets end mostly in green on Tuesday

13 Jun 2017 Evaluate

Asian equity markets ended mostly in green on Tuesday despite weak overnight cues from Wall Street. While the yen held steady against the dollar ahead of a slew of central bank meetings this week, oil prices rose on reports that Saudi Arabia was making significant supply cuts to customers. Chinese shares eked out modest gains despite speculation that the People's Bank of China will likely raise short-term interest rates this week if the Fed raises rates as expected. However, Japanese shares closed marginally lower as a selloff in technology shares ebbed somewhat and the yen held steady ahead of US Attorney General Jeff Sessions' testimony before the Senate Intelligence Committee later today to explain his role in the Russia investigation.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,153.74	13.87	0.44
Hang Seng	25,852.10	144.06	0.56
Jakarta Composite	5,707.65	16.21	0.28
KLSE Composite	1,784.44	-4.45	-0.25
Nikkei 225	19,898.75	-9.83	-0.05
Straits Times	3,257.52	9.18	0.28
KOSPI Composite	2,374.70	16.83	0.71
Taiwan Weighted	10,128.15	18.19	0.18

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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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