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Most Asian markets close in green

30 Oct 2012 Evaluate

Most of the Asian stock markets ended in green on Tuesday as the Bank of Japan announced monetary easing that was marginally higher than market forecasts and cut its growth outlook. Hong Kong markets went home with red mark as local developers continued to decline following recent measures introduced to cool down the property market. Japan’s Nikkei closed lower after the central bank expanded its asset-purchase fund by 11 trillion yen to 66 trillion yen.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,062.35

3.40

0.17

Hang Seng

21,428.58

-82.47

-0.38

Jakarta Composite

4,364.60

33.23

0.77

KLSE Composite

1,674.67

2.11

0.13

Nikkei 225

8,841.98

-87.36

-0.98

Straits Times

3,038.73

9.12

0.30

KOSPI Composite

1,899.58

8.06

0.43

Taiwan Weighted

7,182.59

90.92

1.28

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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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