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Asian markets end mixed

13 Sep 2012 Evaluate

Asian stock markets ended mixed on Thursday, ahead of Federal Reserve’s decision later in the day. Investors remained optimistic of further stimulus action to boost economic growth of the world's largest economy. Japan's Nikkei ended higher, as dealers picked up stocks on better-than-expected earnings. However, Shanghai market ended lower as investors were cautious to make any strong position despite the cabinet saying yesterday it would take various measures, including speeding up payment of tax rebates to exporters, to bolster flagging exports.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,110.38

-16.18

-0.76

Hang Seng

20,047.63

-27.76

-0.14 

Jakarta Composite

4,170.64

-3.46

-0.08

KLSE Composite

1,628.40

14.62

0.91

Nikkei 225

8,995.15

35.19

0.39

Straits Times

3,030.14

0.48

0.02

KOSPI Composite

1,950.69

0.66

0.03

Taiwan Weighted

7,578.80

8.35

0.11

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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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