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Asian markets end mostly higher on Monday

29 Jan 2018 Evaluate

Asian equity markets ended mostly in green on Monday as oil resumed its ascent, Intel reported record quarterly revenue and the US dollar steadied after recent weakness on concerns about trade spurred by President Trump's administration officials. Japanese shares ended almost flat in choppy trade, with gains in cyclicals such as memory chip makers offset by weakness in shares sensitive to domestic demand, notably railroad and construction companies. Meanwhile, Chinese stocks tumbled, with the blue-chip index posting its worst day in more than two months, led by a slump in consumer and healthcare firms as investors booked profits after a recent strong rally.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,523.00

-35.13

-0.99

Hang Seng

32,966.89

-187.23

-0.56

Jakarta Composite

6,680.62

20.00

0.30

KLSE Composite

1,870.52

16.60

0.90

Nikkei 225

23,629.34

-2.54

-0.01

Straits Times

3,577.07

9.93

0.28

KOSPI Composite

2,598.19

23.43

0.91

Taiwan Weighted

11,221.81

74.71

0.67

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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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.

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