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Most Asian indices end in positive zone

17 Oct 2012 Evaluate

Most of the Asian stock markets went home with a green mark on Wednesday as Moody's reaffirmed its rating on Spanish debt, which helped Australian and Hong Kong shares to touch biggest gains in almost three weeks. Investors were set to make strong positions ahead of European summit, which will be considered for further progress on the region's ongoing debt crisis. Meanwhile, South Korea's Kospi closed with modest gains, as stronger local currency helped boost airlines and builders. Shanghai Composite ended in green ahead of Thursday's growth data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,105.62

6.81

0.32

Hang Seng

21,416.64

209.57

0.99

Jakarta Composite

4,337.53

8.45

0.20

KLSE Composite

1,660.67

7.15

0.43

Nikkei 225

8,806.55

105.24

1.21

Straits Times

3,045.67

-1.14

-0.04

KOSPI Composite

1,955.15

13.61

0.70

Taiwan Weighted

7,464.40

-6.62

-0.09

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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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