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Asian markets ended mixed on Tuesday

18 Sep 2018 Evaluate

Asian markets ended mixed on Tuesday amid US President Donald Trump ordering the imposition of tariffs on $200 billion worth of Chinese goods, as widely expected. Trump threatened duties on about $267 billion more if China hit back on the latest US action. Chinese shares ended higher as investors shrugged off the 10 percent threshold for new US tariffs on Chinese goods. Further, Japanese shares rallied as traders returned to their desks after a long holiday weekend. Also, expectations that Prime Minister Shinzo Abe will win a third term as head of his political party on Thursday, supported Japanese shares.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,699.9548.161.78

Hang Seng

27,084.66151.810.56

Jakarta Composite

5,811.79-12.47-0.21

KLSE Composite

1,792.94-10.82-0.60

Nikkei 225

23,420.54325.871.39

Straits Times

3,139.34-2.06-0.07

KOSPI Composite

2,308.985.970.26

Taiwan Weighted

10,760.21-68.40-0.64

 

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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