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Asian markets end mixed on Tuesday

09 Jan 2018 Evaluate

Asian equity markets ended mixed on Tuesday as investors digested earnings guidance from tech heavyweight Samsung Electronics and kept an eye on ongoing talks between South Korea and North Korea, the first formal talk between the two Koreas in more than two years. Chinese shares extended gains after central bank data showed China's foreign exchange reserves increased for the eleventh straight month in December. Further, Japanese shares ended higher, with sentiments lifted by record highs on Wall Street overnight and strong December sales reported by clothing company Fast Retailing at its Uniqlo clothing outlets in Japan. Investors shrugged off the yen's strength against the dollar after the Bank of Japan trimmed the size of its bond-repurchase offer in its latest market operation.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,413.90

4.42

0.13

Hang Seng

31,011.41

111.88

0.36

Jakarta Composite

6,373.15

-12.26

-0.19

KLSE Composite

1,826.95

-5.20

-0.28

Nikkei 225

23,849.99

135.46

0.57

Straits Times

3,524.65

12.47

0.36

KOSPI Composite

2,510.23

-3.05

-0.12

Taiwan Weighted

10,914.89

-0.86

-0.01

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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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