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Asian stocks close shutter on mixed note

31 Oct 2012 Evaluate

Asian stock markets went home on mixed note amid better news in Europe both on the earnings and the fiscal front, which improved investors risk appetite. Meanwhile, South Korean industrial production data and earnings reports from some regional companies also helped markets to extend the gains. Japan’s Nikkei ended higher, recovering from the sharp fall in the previous session as the Bank of Japan’s (BoJ) expansion of its asset-buying program failed to ease fears over economic growth. Hong Kong markets closed with green mark with surge in regional companies, while Seoul shares advanced after industrial output data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,068.88

6.53

0.32

Hang Seng

21,641.82

213.24

1.00

Jakarta Composite

4,350.29

-14.31

-0.33

KLSE Composite

1,673.07

-1.60

-0.10

Nikkei 225

8,928.29

86.31

0.98

Straits Times

3,038.37

-0.36

-0.01

KOSPI Composite

1,912.06

12.48

0.66

Taiwan Weighted

7,166.05

-16.54

-0.23

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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