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Asian markets went home in green

30 Jul 2012 Evaluate

All the Asian markets, barring Shanghai Composite, went home in green on the first day of week on hopes that the U.S. Federal Reserve and European Central Bank will act to support their fragile economies. However, Korean shares touched four weeks high, while Japan's Nikkei stock average was up 0.4 percent after hitting a one-week high. Meanwhile, euro weakened 0.3% after rallying 1.4% last week to its highest level since July 5.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,109.91

-18.85

-0.89

Hang Seng

19,585.40

310.44

2.02

Jakarta Composite

4,099.12

14.91

0.37

KLSE Composite

1,632.35

7.41 

0.46

Nikkei 225

8,635.44

68.80

0.80

Straits Times

3,032.80

34.31

1.14

KOSPI Composite

1,843.79

14.63

0.80

Taiwan Weighted

7,158.88

34.39

0.48

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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