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Asian markets end mixed on Tuesday

21 May 2019 Evaluate

Asian markets ended mixed on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge. Chinese shares ended higher as the easing of US trade restrictions on Chinese telecoms firm Huawei brought relief to investors, lifting sentiment battered by a bruising trade war between the world’s two largest economies. Though, Japanese shares closed lower, tracking global economic concerns as investors fret over the latest flare-up in the China-US trade war involving Chinese tech giant Huawei and concerns about the future course of the global economy.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,905.97
35.37
35.37

Hang Seng

27,657.24
-130.37
-0.47

Jakarta Composite

5,951.37
44.25
0.75

KLSE Composite

1,603.74

-1.62

-0.10

Nikkei 225

21,272.45
-29.28
-0.14

Straits Times

3,183.26

-22.20

-0.69

KOSPI Composite

2,061.25
5.54

0.27

Taiwan Weighted

10,464.50
66.09
0.64

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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