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Asian markets end mostly in green on Wednesday

02 Aug 2017 Evaluate

Asian equity markets closed mostly higher on Wednesday as Apple reported better-than-expected financial results and weak US personal income and manufacturing data helped investors pare back their expectations for rate increases this year. Japanese shares hit a 1-1/2-week high as solid quarterly results from domestic companies helped offset concerns over a rising yen. However, Chinese shares ended lower, with continued strength in materials shares offset by weakness in small-cap firms.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,285.06

-7.58

-0.23

Hang Seng

27,607.38

67.15

0.24

Jakarta Composite

5,824.25

19.04

0.33

KLSE Composite

1,770.61

5.48

0.31

Nikkei 225

20,080.04

94.25

0.47

Straits Times

3,348.80

10.60

0.32

KOSPI Composite

2,427.63

4.67

0.19

Taiwan Weighted

10,519.27

81.98

0.79

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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