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Asian markets end mostly higher on Wednesday

19 Feb 2020 Evaluate

Asian markets ended mostly higher on Wednesday as investors closely monitoring China’s progress in returning to work as the country deals with the corona virus outbreak. Japanese shares ended up as the yen retreated after data showed core machinery orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, fell 12.5% month-on-month in December. Though, Chinese shares ended lower as worries persisted over the spreading corona virus epidemic, which has claimed more than 2,000 lives and weighed on business activity in the country.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,975.40
-9.57
-0.32

Hang Seng

27,655.81
125.61
0.46

Jakarta Composite

5,928.79
41.83
0.71

KLSE Composite

1,534.16

-2.92

-0.19

Nikkei 225

23,400.70
206.90
0.89

Straits Times

3,213.71
17.08
0.53

KOSPI Composite

2,210.34
1.46
0.07

Taiwan Weighted

11,758.84
109.86
0.94

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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