MoneyWorks4Me

Asian markets close in green on Friday

30 Mar 2018 Evaluate

Asian stocks closed in green on Friday for the last trading day of the quarter, following a rally in US stocks overnight. Japanese stocks ended higher, with index heavyweight stocks rising and technology firms such as Tokyo Electron jumping in sympathy with a rebound in their US counterparts. Further, Chinese shares ended slightly higher, but posted their worst quarterly losses in two years, as the country’s fund managers slashed equity exposure amid China-US trade tensions. Meanwhile, markets in Hong Kong, Singapore, and Indonesia are closed for the Good Friday public holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,168.90

8.37

0.26

Hang Seng

-

-

-

Jakarta Composite

-

-

-

KLSE Composite

1,863.46

7.11

0.38

Nikkei 225

21,454.30

295.22

1.40

Straits Times

-

-

-

KOSPI Composite

2,445.85

9.48

0.39

Taiwan Weighted

10,906.22

60.30

0.56

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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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