Asian markets end mostly higher on Tuesday

10 Jul 2018 Evaluate

Asian equity markets ended mostly higher on Tuesday as higher oil prices and optimism about the upcoming corporate earnings season helped investors brush aside trade and Brexit-related concerns. Japanese shares ended higher, with overnight gains on Wall Street and a weaker yen boosting sentiments. Further, Chinese shares ended higher after official data showed consumer prices in China grew an annual 1.9 percent in June, matching expectations and up from 1.8 percent in May. While, the producer prices index jumped an annual 4.7 percent versus expectations for 4.5 percent and up from 4.1 percent a month earlier.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,827.44	12.33	0.44
Hang Seng	28,682.25	-6.25	-0.02
Jakarta Composite	5,881.76	74.38	1.26
KLSE Composite	1,687.13	14.50	0.87
Nikkei 225	22,196.89	144.71	0.65
Straits Times	3,274.83	46.01	1.40
KOSPI Composite	2,294.16	8.36	0.36
Taiwan Weighted	10,756.89	36.61	0.34

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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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