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Asian markets end mostly lower on Monday

25 Jun 2018 Evaluate

Asian equity markets ended mostly lower on Monday as trade worries persisted and oil prices gave up some of their hefty gains made on Friday after OPEC pledged to increase production by less than the market feared. Chinese shares ended lower as news of a cut in reserve requirement ratio for some banks was offset by lingering trade war fears. Further, Japanese shares ended lower as the yen firmed up in reaction to reports suggesting that the Trump administration plans to put curbs on Chinese investment in US technology firms.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,859.77

-29.99

-1.05

Hang Seng

28,961.39

-377.31

-1.30

Jakarta Composite

5,859.08

37.27

0.64

KLSE Composite

1,678.10

-16.05

-0.95

Nikkei 225

22,338.15

-178.68

-0.80

Straits Times

3,260.84

-26.56

-0.81

KOSPI Composite

2,357.88

0.66

0.03

Taiwan Weighted

10,786.46

-112.82

-1.05

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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