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Asian markets end mostly in red on Wednesday

06 Dec 2017 Evaluate

Asian equity markets ended mostly in red on Wednesday as bond yields tumbled, metals prices plunged sharply, oil eased on supply worries and the Japanese yen gained ground on Middle East concerns as well as worries over a possible US government shutdown. Chinese stocks fell after a senior researcher at the People's Bank of China urged central banks to tighten monetary policies. Further, Japanese shares ended sharply lower as geopolitical worries and concerns over a potential government shutdown in the US helped fuel demand for safe-haven assets.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,293.97

-9.71

-0.29

Hang Seng

28,224.80

-618.00

-2.14

Jakarta Composite

6,035.51

35.03

0.58

KLSE Composite

1,718.33

-6.51

-0.38

Nikkei 225

22,177.04

-445.34

-1.97

Straits Times

3,397.21

-40.85

-1.19

KOSPI Composite

2,474.37

-35.75

-1.42

Taiwan Weighted

10,393.92

-172.93

-1.64

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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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