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Asian markets made a mixed closing on Tuesday

18 Jul 2017 Evaluate

Asian equity markets made a mixed closing on Tuesday and the dollar extended losses after two more Republican Senators opposed the Republican healthcare bill, casting doubts over prospects for reforms backed by US President Donald Trump. Japanese shares ended lower as trading resumed after a long holiday weekend, and as the yen gained against the dollar on concerns about Trump's economic agenda and cautious rhetoric from Fed Chair Janet Yellen. Chinese stocks ended on a steady note as investors hunted for bargains after sharp drop in small-cap shares the previous day. Meanwhile, Hong Kong stocks rose as gains in the technology and energy sectors offset losses in financial stocks. 

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,186.93

10.47

0.33

Hang Seng

26,524.94

54.36

0.21

Jakarta Composite

5,822.35

-18.93

-0.32

KLSE Composite

1,754.92

-0.27

-0.02

Nikkei 225

19,999.91

-118.95

-0.59

Straits Times

3,298.24

10.81

0.33

KOSPI Composite

2,426.04

0.94

0.04

Taiwan Weighted

10,481.26

23.72

0.23

About MoneyWorks4Me

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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