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Asian markets end mostly lower on Tuesday

27 Apr 2021 Evaluate

Asian markets ended mostly lower on Tuesday with caution ahead of the Federal Reserve's monetary policy meeting on Wednesday. Investors will pay close attention to comments from Chairman Jerome Powell for directional cues. Further, concerns over surging Covid-19 cases in emerging economies including India, Japan and Brazil dented expectations for a swift global economic recovery from the pandemic. Japanese shares ended lower amid a slew of corporate earnings failed to meet investor expectations, while the Bank of Japan (BoJ) kept its monetary stimulus steady as widely expected. However, Chinese shares ended almost flat despite official data showed profits at China's industrial firms nearly doubled in March from a year ago.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,442.61
1.44
0.04

Hang Seng

28,941.54
-11.29
-0.04

Jakarta Composite

5,959.62
-5.20
-0.09

KLSE Composite

1,606.68

-16.79

-1.03

Nikkei 225

28,991.89
-134.34
-0.46

Straits Times

3,214.43
9.53
0.30

KOSPI Composite

3,215.42
-2.11
-0.07

Taiwan Weighted

17,595.90
23.61
0.13

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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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