Asian markets end mixed on Thursday

07 Dec 2017 Evaluate

Asian equity markets ended mixed on Thursday as the dollar inched up against the yen and oil eked out small gains after falling as much as 3 percent overnight on data showing a larger-than-expected increase in US gasoline stocks. Japanese shares ended higher on bargain hunting as Moody's Investors Service retained the sovereign ratings of the country with 'stable' outlook and the yen weakened against the dollar, bolstered by reports that the US Congress is on track to approve legislation that would avert a partial government shutdown over the weekend. Meanwhile, Chinese stocks ended lower due to year-end profit booking by investors.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,272.05	-21.91	-0.67
Hang Seng	28,303.19	78.39	0.28
Jakarta Composite	6,006.84	-28.67	-0.48
KLSE Composite	1,719.05	0.72	0.04
Nikkei 225	22,498.03	320.99	1.45
Straits Times	3,388.14	-9.07	-0.27
KOSPI Composite	2,461.98	-12.39	-0.50
Taiwan Weighted	10,355.76	-38.16	-0.37

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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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