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Asian markets end in red on Tuesday

06 Feb 2018 Evaluate

Asian stocks ended in red on Tuesday after the S&P 500 as well as the Dow Jones Industrial Average suffered their biggest percentage drops since 2011 overnight and erased all of their gains for 2018 on concerns about rising inflation and potentially higher interest rates. Japanese shares ended lower as a surging yen following Monday's record plunge on the Dow Jones Industrial Average in New York hit exporters. Further, Chinese shares tumbled as a global market rout intensified, with the Shanghai index posting its biggest loss in nearly two years on worries that inflationary pressures will prompt central banks to raise rates faster than expected.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,370.65

-116.84

-3.35

Hang Seng

30,595.42

-1649.80

-5.12

Jakarta Composite

6,478.54

-111.13

-1.69

KLSE Composite

1,812.45

-40.62

-2.19

Nikkei 225

21,610.24

-1071.84

-4.73

Straits Times

3,406.38

-76.55

-2.20

KOSPI Composite

2,453.31

-38.44

-1.54

Taiwan Weighted

10,404.00

-542.25

-4.95

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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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