Asian markets end mostly in green on Friday

07 Dec 2018 Evaluate

Asian markets ended mostly higher on Friday after US stock markets recovered from an early plunge to end mixed overnight, helped by hopes the Federal Reserve could pause its interest-rate hikes. Investors looked ahead to a key US jobs report due tonight, with employment is expected to increase by 205,000 jobs in November after jumping by 250,000 jobs in October, while the unemployment rate is expected to hold at 3.7 percent. Japanese shares snapped a three-day losing streak despite a firm yen on lingering trade worries. Meanwhile, Chinese shares ended flat in thin trade after a sharp fall yesterday as the arrest of Huawei CFO Meng Wanzhou dealt a blow to hopes of easing of US-China trade tensions.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,605.89	0.71	0.03
Hang Seng	26,063.76	-92.62	-0.36
Jakarta Composite	6,126.36	10.87	0.18
KLSE Composite	1,680.54	-2.80	-0.17
Nikkei 225	21,678.68	177.06	0.82
Straits Times	3,111.12	-4.40	-0.14
KOSPI Composite	2,075.76	7.07	0.34
Taiwan Weighted	9,760.88	76.16	0.78

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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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