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Asian markets end mixed on Tuesday

27 Feb 2018 Evaluate

Asian equity markets made a mixed closing on Tuesday as investors awaited Congressional testimony later in the day by the new Federal Reserve Chairman Jerome Powell for further insights into the central bank's view on inflation and interest rates. Japanese shares rallied after US stocks hit their highest level in over three weeks overnight amid declining Treasury yields on easing worries over rate hikes. However, Chinese shares snapped a six-session winning streak, led lower by real estate and resource firms, as investors booked profits after a recent strong rally.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,292.07

-37.51

-1.13

Hang Seng

31,268.66

-229.94

-0.73

Jakarta Composite

6,598.93

44.25

0.68

KLSE Composite

1,871.46

11.38

0.61

Nikkei 225

22,389.86

236.23

1.07

Straits Times

3,540.39

-15.46

-0.43

KOSPI Composite

2,456.14

-1.51

-0.06

Taiwan Weighted

10,815.47

-21.23

-0.20

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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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