Asian equity markets made a mixed closing on Thursday as financial markets offered a muted reaction to the passage of major US tax reform, which will lower tax rates for both businesses and individual Americans. Japanese shares closed lower even as the dollar held near a one-week high against the yen, supported by a rise in US bond yields. Meanwhile, Chinese stocks ended higher after Xinhua news agency said the country is committed to maintain economic growth in a reasonable range next year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,300.06 | 12.45 | 0.38 |
Hang Seng | 29,367.06 | 132.97 | 0.45 |
Jakarta Composite | 6,183.39 | 73.91 | 1.21 |
KLSE Composite | 1,751.21 | 4.58 | 0.26 |
Nikkei 225 | 22,866.10 | -25.62 | -0.11 |
Straits Times | 3,382.53 | -12.34 | -0.36 |
KOSPI Composite | 2,429.83 | -42.54 | -1.72 |
Taiwan Weighted | 10,488.97 | -15.55 | -0.15 |
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: