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Asian markets end mostly in red on Wednesday

13 Sep 2017 Evaluate

Asian equity markets ended mostly lower on Wednesday, despite US stocks hitting record highs overnight on expectations that a tax reform plan will get passed this year. Japanese shares ended higher as the dollar extended its sharp rally against the yen on easing concerns over North Korea and US hurricanes. Chinese shares posted modest gains to finish near 20-month highs after a survey showed investors were optimistic about economic conditions in August.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,384.15

4.66

0.14

Hang Seng

27,894.08

-78.16

-0.28

Jakarta Composite

5,845.73

-26.64

-0.45

KLSE Composite

1,786.07

-3.79

-0.21

Nikkei 225

19,865.82

89.20

0.45

Straits Times

3,230.36

-5.33

-0.16

KOSPI Composite

2,360.18

-5.29

-0.22

Taiwan Weighted

10,532.88

-77.47

-0.73

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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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