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Asian markets end mixed on Wednesday

25 Jul 2018 Evaluate

Asian equity markets ended mixed on Wednesday on fears that the Bank of Japan will scale back stimulus next week. Investors also looked ahead to a key meeting between US President Donald Trump and European Commission President Jean-Claude Juncker for directional cues. Meanwhile, encouraging earnings results from the US and hopes that China will boost fiscal support for its economy helped support underlying sentiment. Japanese shares extended gains for a second day running as commodity-related steel and metal firms rallied on promises of more stimulus from Beijing.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,904.37

-1.19

-0.04

Hang Seng

28,920.90

258.33

0.89

Jakarta Composite

5,933.89

2.05

0.03

KLSE Composite

1,763.78

0.85

0.05

Nikkei 225

22,614.25

103.77

0.46

Straits Times

3,326.83

34.18

1.03

KOSPI Composite

2,273.03

-7.17

-0.32

Taiwan Weighted

10,965.79

-29.60

-0.27

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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