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Asian markets close mostly in red on Friday

16 Mar 2018 Evaluate

Asian markets closed mostly in red on Friday as trade-war worries persisted and reports suggested that special counsel Robert Mueller has subpoenaed US President Donald Trump's businesses, adding to the sense of continued political uncertainty in the US. Meanwhile, the White House denied reports that Trump has decided to remove White House national security adviser H.R. McMaster from the administration. Japanese shares closed lower, hurt by a firmer yen as investors fretted about US political uncertainty and official data showed Japan's industrial production declined more than initially estimated in January. Also, Chinese and Hong Kong stocks fell on concerns over the increasingly protectionist policies of the Donald Trump government.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,269.88

-21.23

-0.65

Hang Seng

31,501.97

-39.13

-0.12

Jakarta Composite

6,304.95

-16.95

-0.27

KLSE Composite

1,846.39

1.12

0.06

Nikkei 225

21,676.51

-127.44

-0.58

Straits Times

3,512.14

-5.59

-0.16

KOSPI Composite

2,493.97

1.59

0.06

Taiwan Weighted

11,027.70

9.25

0.08

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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