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Asian markets end mostly in green on Friday

22 Dec 2017 Evaluate

Asian equity markets ended mostly in green on Friday, although trading volumes remained thin ahead of the Christmas weekend. Underlying sentiments remained supported by higher commodity prices, encouraging economic reports from the US and passage of the landmark tax reform bill. Investors shrugged off the news that voters in Catalonia favored separatists wanting to break away from Spain. Japanese shares closed slightly higher in quiet pre-holiday trade after the US House of Representatives gave final approval to the biggest US tax overhaul in 30 years. Though, Chinese shares ended lower, dragged down by financial and consumer staple stocks.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,297.06

-3.00

-0.09

Hang Seng

29,578.01

210.95

0.72

Jakarta Composite

6,221.01

37.62

0.61

KLSE Composite

1,760.24

9.03

0.52

Nikkei 225

22,902.76

36.66

0.16

Straits Times

3,385.71

3.18

0.09

KOSPI Composite

2,440.54

10.71

0.44

Taiwan Weighted

10,537.27

48.30

0.46

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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