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Asian markets end mostly higher on Friday

27 Jul 2018 Evaluate

Asian equity markets ended higher on Friday, although growth concerns kept Chinese markets under pressure. While easing of US-EU trade tension supported underlying sentiments, the upside remained limited ahead of US GDP data tonight and the Bank of Japan policy meeting due next week. Japanese shares closed higher on taking comfort from signs of rapprochement between the United States and Europe over trade issues, though investors remained cautious on speculation that the Bank of Japan might hint at signal to unwind its massive stimulus program next week.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,873.59

-8.64

-0.30

Hang Seng

28,804.28

23.14

0.08

Jakarta Composite

5,989.14

43.00

0.72

KLSE Composite

1,769.14

2.91

0.16

Nikkei 225

22,712.75

125.88

0.55

Straits Times

3,324.98

-3.62

-0.11

KOSPI Composite

2,294.99

5.93

0.26

Taiwan Weighted

11,075.78

65.17

0.59

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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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