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Asian markets close in green on Monday

19 Feb 2018 Evaluate

Asian stocks closed in green on Monday following last week's gains on Wall Street. Meanwhile, trading volumes remained thin across the region as markets in China, Hong Kong, and Taiwan remained shut due to the Lunar New Year holiday. Japanese shares rallied, with a weaker yen, firmer lead from Wall Street and encouraging trade data helping support underlying sentiments. Japan posted a merchandise trade deficit of 943.417 billion yen in January, the Ministry of Finance said - an improvement of 13.6 percent from a year earlier. That exceeded forecasts for a shortfall of 1,003.6 billion yen following the 358.7 billion yen deficit in December.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

-

-

-

Hang Seng

-

-

-

Jakarta Composite

6,689.29

97.71

1.48

KLSE Composite

1,857.32

19.04

1.04

Nikkei 225

22,149.21

428.96

1.97

Straits Times

3,487.88

44.37

1.29

KOSPI Composite

2,442.82

20.99

0.87

Taiwan Weighted

-

-

-

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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