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Asian markets end mostly higher on Tuesday

16 Apr 2019 Evaluate

Asian markets ended mostly higher on Tuesday as the US and Japan kicked off their first round of trade talks in Washington aimed at creating a bilateral trade framework. Bank of Japan Governor Haruhiko Kuroda reportedly said that ‘some sort of protectionism’ around global trade is the biggest threat to global economic growth. Chinese shares ended higher after data showed housing prices in 70 major Chinese cities increased an average of 10.6 percent year-on-year in March, signaling an economic rebound. Further, Japanese shares settled higher as the yen held close to 2019 lows against the dollar and NTT Docomo Inc. announced its new mobile phone charge plans.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,253.60
75.81
2.39

Hang Seng

30,129.87
319.15
1.07

Jakarta Composite

6,481.54
46.39
0.72

KLSE Composite

1,629.46

-1.87

-0.11

Nikkei 225

22,221.66
52.55
0.24

Straits Times

3,332.04
6.18
0.19

KOSPI Composite

2,248.63
5.75
0.26

Taiwan Weighted

10,927.85
52.25
0.48

 

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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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