Asian equity markets ended mostly in red on Friday after the European Central Bank dropped no hints at tapering in September and media reports suggested that US special counsel Robert Mueller is expanding the Russia probe to include President Donald Trump's business dealings. Japan's Nikkei share average edged down as investors took profits on steelmakers, offsetting gains in Yaskawa Electric and other machinery makers. Meanwhile, China's stocks fell on Friday but ended the week higher, with demand for blue chips gaining momentum amid a slump in small-cap stocks, as investors sought firms with solid growth prospects and lower valuations. Hong Kong stocks snapped a nine-day winning streak as investors took a breather after the benchmark index scaled a fresh two-year peak in the previous session. Though, Seoul stocks ended up at fresh record highs as foreign investors scooped up financial shares on expectations of solid second-quarter earnings results.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,237.98 | -6.88 | -0.21 |
Hang Seng | 26,706.09 | -34.12 | - 0.13 |
Jakarta Composite | 5,765.42 | -59.78 | -1.03 |
KLSE Composite | 1,759.16 | 3.53 | 0.2 |
Nikkei 225 | 20,099.75 | -44.84 | -0.22 |
Straits Times | 3,314.12 | 20.99 | 0.64 |
KOSPI Composite | 2,450.06 | 8.22 | 0.34 |
Taiwan Weighted | 10,436.70 | -62.66 | -0.6 |
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: