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Asian markets end mostly in green on Monday

12 Feb 2018 Evaluate

Asian stocks ended mostly in green on Monday after US lawmakers managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23. Underlying sentiments remained supported as oil prices rebounded following six straight days of declines. Meanwhile, investors are watching for inflation data from the United States later this week for signs of the intensity of expected US interest rate increases. Chinese shares rebounded, led by small-caps, as some investors hunted for bargains after last week’s ferocious sell-off. The Japanese market was closed for the National Foundation Day holiday.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,154.13

24.27

0.78

Hang Seng

29,459.63

-47.79

-0.16

Jakarta Composite

6,523.45

17.93

0.28

KLSE Composite

1,830.17

10.35

0.57

Nikkei 225

-

-

-

Straits Times

3,384.98

7.74

0.23

KOSPI Composite

2,385.38

21.61

0.91

Taiwan Weighted

10,421.09

49.34

0.48

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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