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Asian markets end mostly in green on Monday

17 Dec 2018 Evaluate

Asian markets ended mostly in green on Monday, as investors picked up beaten-down shares after two weeks of losses, driven by concerns over trade and growth outlook. However, gains remained capped as traders remained on sidelines ahead of the US Federal Reserve's key policy meeting which is scheduled for December 18 and 19, with many expecting an increase in the benchmark interest rate by 25 bps to between 2.25 percent and 2.5 percent. Chinese shares ended slightly higher, as investors awaited cues from the closely watched annual Central Economic Work Conference later this week. Japanese shares ended notably higher despite lingering concerns over global growth. 

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,597.97
4.23
0.16

Hang Seng

26,087.98
-6.81
-0.03

Jakarta Composite

6,089.30
-80.54
-1.31

KLSE Composite

1,641.62

-20.34

-1.22

Nikkei 225

21,506.88
132.05
0.62

Straits Times

3,114.25
37.16
1.21

KOSPI Composite

2,071.09
1.71
0.08

Taiwan Weighted

9,787.53
13.37
0.14

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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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