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Asian markets end mostly in red on Thursday

25 Oct 2018 Evaluate

Most of the Asian counters ended in red on Thursday after US markets plunged overnight on the back of disappointing corporate earnings results and weak economic data. Lingering geopolitical tensions, worries about the US-China trade wars and rising geopolitical tensions also dented investors’ sentiments. Japanese shares closed lower with chip-related stocks taking heavy beating after a steep fall on Wall Street pulled the Nasdaq Composite into correction territory. However, Chinese shares bucked the global weak trend to end little changed after recent heavy losses. 

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,603.80 

0.50 

0.02

Hang Seng

24,994.46

-255.32 

-1.02

Jakarta Composite

5,754.96  

45.54

0.79

KLSE Composite

1,686.59 

-3.45 

-0.20

Nikkei 225

21,268.73 

-822.45 

-3.87

Straits Times

3,012.84 

-19.24

-0.64

KOSPI Composite

2,063.30 

-34.28

-1.66

Taiwan Weighted

9,520.79 

-238.61 

-2.51


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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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