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Asian markets end mostly higher on Monday

11 Jun 2018 Evaluate

Asian equity markets ended mostly higher on Monday, with investors shrugging off concerns about trade war and looking ahead to the outcome of a historic meeting between the US President Donald Trump and the North Korean leader Kim Jong Un. However, gains are just modest in most of the markets in the region amid largely thin volumes ahead of crucial monetary policy meetings of the Bank of Japan, European Central Bank, and the US Federal Reserve. Japanese shares ended modestly higher, although volume of business was rather thin. Meanwhile, Chinese shares closed lower, on investor concerns over the liquidity conditions in the market. The markets in Indonesia remain closed for Eid-Ul-Fitr holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,052.78

-14.36

-0.47

Hang Seng

31,063.70

105.49

0.34

Jakarta Composite

-

-

-

KLSE Composite

1,775.80

-2.52

-0.14

Nikkei 225

22,804.04

109.54

0.48

Straits Times

3,441.69

5.32

0.15

KOSPI Composite

2,470.15

18.57

0.76

Taiwan Weighted

11,149.23

-7.19

-0.06

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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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