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Most Asian markets end with red mark

04 Sep 2012 Evaluate

Most Asian shares closed with red mark on Tuesday amid worries over weakening regional and global economic activity. Investors were expecting more stimulus measures from central banks and hopes for progress in tackling Europe's debt crisis lent support. Hong Kong shares fell to their lowest close since July 27, as investors continued to exit counters judged to have grim outlooks. Japan's Nikkei average index eased slightly to end at a four-week closing low for the third session in a row, though the eye-catching move of the day was the 12.4 percent rebound in shares of embattled TV maker Sharp Corp.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,043.65

-15.50

-0.75

Hang Seng

19,429.91

-129.30

-0.66

Jakarta Composite

4,105.25

-12.70

-0.31

KLSE Composite

1,654.11

0.21

0.01

Nikkei 225

8,775.51

-8.38

-0.10

Straits Times

3,011.55

-5.67

-0.19

KOSPI Composite

1,907.13

-5.58

-0.29

Taiwan Weighted

7,451.35

0.82

0.01

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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