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Asian markets made a mixed closing on Wednesday

12 Jul 2017 Evaluate

Asian equity markets closed mixed on Wednesday, as the dollar weakened against the yen after the release of emails by US President Donald Trump's son that cited Russian support for his father's 2016 presidential campaign. Underlying sentiment remained somewhat cautious ahead of Federal Reserve Chair Janet Yellen's Congressional testimony later in the day and on Thursday. Meanwhile, a fresh rally in oil prices boosted energy stocks. Japanese shares ended lower as the yen strengthened in the wake of a fresh twist in the Trump campaign's alleged links with Russia.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,197.54

-5.49

-0.17

Hang Seng

26,043.64

166.00

0.64

Jakarta Composite

5,819.13

45.81

0.79

KLSE Composite

1,757.24

2.21

0.13

Nikkei 225

20,098.38

-97.10

-0.48

Straits Times

3,208.91

-9.89

-0.31

KOSPI Composite

2,391.77

-4.23

-0.18

Taiwan Weighted

10,420.68

5.11

0.05

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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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