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Asian markets make robust end to choppy quarter

28 Sep 2012 Evaluate

Tracking global rally, Asian markets closed shutters with green mark on last trading day of the third quarter, barring Japanese market, which hit a two-week closing low on Friday amid worries about falling revenues for Japanese companies in China. Markets added gains as Eurozone debt worries were eased after Spain unveiled swingeing cuts in a budget that is expected to pave the way for a bailout. Hong Kong shares ended higher as hopes that Chinese authorities will take steps to boost the slowing economy and easing by global central banks fueled a rebound in stock markets.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,086.17

29.85

1.45

Hang Seng

20,840.38

78.09

0.38

Jakarta Composite

4,262.56

37.54

0.89

KLSE Composite

1,636.66

8.82

0.54

Nikkei 225

8,870.16

-79.71

-0.89

Straits Times

3,060.34

0.91

0.03

KOSPI Composite

1,996.21

7.51

0.38

Taiwan Weighted

7,715.16

31.36

0.41

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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