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Asian markets end mostly in green on Wednesday

17 Oct 2018 Evaluate

Asian markets ended mostly in green on Wednesday after US shares posted their biggest gain in six months overnight following strong earnings from major financial and health care companies as well as encouraging reports on the US economy. Japanese shares ended higher, continuing its recovery from last week’s sharp downturn with a turnaround by Wall Street peers lifting technology stocks. Further, Chinese shares closed higher ahead of third-quarter GDP and September activity data, due on Friday. Meanwhile, Hong Kong markets were closed for the Chung Yeung Festival.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,561.61

15.28

0.60

Hang Seng

-

-

-

Jakarta Composite

5,868.62

67.80

1.16

KLSE Composite

1,740.59

3.75

0.22

Nikkei 225

22,841.12

291.88

1.28

Straits Times

3,071.10

36.79

1.20

KOSPI Composite

2,167.51

22.39

1.03

Taiwan Weighted

9,979.14

-1.96

-0.02

 

 

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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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