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Asian markets end mostly lower on Thursday

17 Oct 2019 Evaluate

Asian markets ended mostly lower on Thursday as final breakthrough on Brexit deal failed to emerge ahead of European Union leaders’ two-day summit in Brussels starting today. Japanese shares ended down as investors awaited more clarity on US-China trade talks and Brexit negotiations. Meanwhile, Chinese shares ended on a flat note as investors gave muted reaction to the Hong Kong protests and reports suggesting that China would remove business restrictions on foreign banks, brokerages and fund management firms. Though, Hong Kong shares led gains after the city’s leader Carrie Lam announced on Wednesday measures to ease a housing shortage and calm anti-government protests.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,977.33
-1.38
-0.05

Hang Seng

26,848.49
184.21
0.69

Jakarta Composite

6,181.01
11.42
0.19

KLSE Composite

1,574.50

-0.40

-0.03

Nikkei 225

22,451.86
-21.06
-0.09

Straits Times

3,126.14
-8.57
-0.27

KOSPI Composite

2,077.94
-4.89
-0.23

Taiwan Weighted

11,186.88
24.05
0.22

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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