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Most Asian markets end in red

13 Aug 2012 Evaluate

Most of the Asian markets shut the shop in red Monday as slowdown in Japan's growth at annual rate of 1.4% in April-June quarter, increased worries about the health of the global economy. That was a sharp drop from a revised 5.5% in the previous quarter. Meanwhile, Hong Kong and Singapore both Asian financial centers reported weak second-quarter growth. Also the dismal report helped fuel speculation that China’s central bank was preparing to act with some type of measure to spur business activity.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,136.08

-32.74

-1.51

Hang Seng

20,081.36

-54.76

-0.27

Jakarta Composite

4,102.53

-39.03

-0.94

KLSE Composite

1,646.32

0.96

0.06

Nikkei 225

8,885.15

-6.29

-0.07

Straits Times

3,064.81

10.61

0.35

KOSPI Composite

1,932.44

-13.96

-0.72

Taiwan Weighted

7,436.30

-4.82

-0.06

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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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