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Asian markets end mostly higher on Thursday

20 Jun 2019 Evaluate

Asian markets ended mostly higher on Thursday after the US Federal Reserve left interest rates unchanged overnight but opened the door to rate cuts on the horizon. Chinese shares ended higher on hopes that US President Donald Trump and Chinese President Xi Jinping can make progress on easing trade tensions at the G20 summit in Japan next week. Further, Japanese shares ended up despite a stronger yen weighing on exporter stocks.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,987.12
69.32
2.38

Hang Seng

28,550.43
348.29
1.23

Jakarta Composite

6,335.70
-3.56
-0.06

KLSE Composite

1,675.43

8.89

0.53

Nikkei 225

21,462.86
128.99
0.60

Straits Times

3,314.51
26.34
0.80

KOSPI Composite

2,131.29
6.51
0.31

Taiwan Weighted

10,785.01
9.67
0.09

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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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