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Asian markets end mixed on Thursday

18 Jan 2018 Evaluate

Asian equity markets made a mixed closing on Thursday as investors awaited Chinese GDP data for direction. Chinese shares ended higher after data showed that China's property market remained largely stable in December despite tough purchase restrictions. Data released a while before revealed that the Chinese economy grew an annual 6.9 percent in 2017, up from 6.7 percent in 2016 and marking the first expansion in seven years. Industrial output accelerated slightly in December, while retail sales slowed and fixed-asset investment remained unchanged, separate reports showed. Meanwhile, Japanese shares ended lower after a report showed Japan's industrial production increased less than initially estimated in November.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,474.75

30.08

0.87

Hang Seng

32,121.94

138.53

0.43

Jakarta Composite

6,472.67

28.15

0.44

KLSE Composite

1,821.60

-7.03

-0.38

Nikkei 225

23,763.37

-104.97

-0.44

Straits Times

3,521.31

-20.60

-0.58

KOSPI Composite

2,515.81

0.38

0.02

Taiwan Weighted

11,071.57

66.77

0.61

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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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