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Asian markets end mostly lower on Tuesday

06 Apr 2021 Evaluate

Asian markets ended mostly lower on Tuesday as worries about rising coronavirus cases and extension of lockdown restrictions offset signs of the US economy accelerating out of recession. Chinese market ended in red after the country's central bank asked the nation's major lenders to curtail loan growth for the rest of this year to bring the housing boom under control. Hong Kong was closed for a holiday. Japanese market ended lower on profit taking, after three days of gains, as data showed household spending plunged 6.6 percent year-on-year in February, marking the third consecutive monthly drop.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,482.97

-1.42

-0.04

Hang Seng

--

--

--

Jakarta Composite

6,002.77

32.48

0.54

KLSE Composite

1,578.91

-5.33

-0.34

Nikkei 225

29,696.63

-392.62

-1.30

Straits Times

3,207.63

-2.11

-0.07

KOSPI Composite

3,127.08

6.25

0.20

Taiwan Weighted

16,739.87

168.59

1.02


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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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