Asian markets end mostly lower on Tuesday

22 May 2018 Evaluate

Asian equity markets ended mostly lower on Tuesday as a strengthening dollar sapped demand for emerging market assets and investors kept an eye on Italian politics after the country's two populist parties announced a joint agreement naming Giuseppe Conte, 53, as the next prime minister. Japanese shares fell from 3 1/2-month highs reached the previous day, with financials leading declines as bond yields peaked after hitting a three-year high last week. Chinese shares ended on a flat note as gains in healthcare and telecom stocks were offset by declines in real estate firms. Meanwhile, markets in South Korea and Hong Kong are closed for holidays.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,214.35	0.51	0.02
Hang Seng	-	-	-
Jakarta Composite	5,751.12	17.27	0.30
KLSE Composite	1,845.03	-8.55	-0.46
Nikkei 225	22,960.34	-42.03	-0.18
Straits Times	3,543.18	-5.05	-0.14
KOSPI Composite	-	-	-
Taiwan Weighted	10,938.73	-27.47	-0.25

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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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