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Asian markets end in green on Tuesday

16 Jan 2018 Evaluate

Asian equity markets ended in green on Tuesday despite a lack of fresh catalysts as investors looked ahead to more earnings news from the US. Chinese shares rallied, with the blue-chip index closing at a 30-month high, led by a surge in real estate firms, even as a poll backed expectations that growth in the Asian economic powerhouse will slow in 2018. Further, Japanese shares rose to its highest level since late 1991 as the yen's appreciation against the dollar stopped and expectations for strong corporate earnings bolstered investors' sentiments.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,436.59

26.11

0.77

Hang Seng

31,904.75

565.88

1.81

Jakarta Composite

6,429.69

47.50

0.74

KLSE Composite

1,826.03

0.12

0.01

Nikkei 225

23,951.81

236.93

1.00

Straits Times

3,550.21

13.80

0.39

KOSPI Composite

2,521.74

18.01

0.72

Taiwan Weighted

10,986.11

29.80

0.27

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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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