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Asian markets end mixed on Tuesday

06 Jul 2021 Evaluate

Asian markets ended mixed on Tuesday as investors await minutes from the US Federal Reserve's latest policy meeting for more clues on tapering. Chinese shares ended down as China is widening its crackdown on the country's tech platforms through tighter regulations on data security and targeting more US listed companies. Hong Kong shares declined as healthcare firms slumped on worries over lofty valuations, while a survey showed the private sector in Hong Kong expanded at a slower pace in June. Meanwhile, Japanese shares ended slightly higher, despite worries over potential spike in coronavirus infections during the Olympics.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,530.26
-4.06
-0.11

Hang Seng

28,072.86
-70.64
-0.25

Jakarta Composite

6,047.11
41.50
0.69

KLSE Composite

1,531.63

-0.73

-0.05

Nikkei 225

28,643.21
45.02
0.16

Straits Times

3,190.59
49.57
1.58

KOSPI Composite

3,305.21
12.00
0.36

Taiwan Weighted

17,913.07
-6.26
-0.03

 

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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