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Asian market end lower on Tuesday

20 Jul 2021 Evaluate

Asian markets ended lower on Tuesday tracking Wall Street’s overnight losses and concerns over surging of the Delta coronavirus variant that could threaten the outlook for economic recovery. Further, rising tensions between China and the West also dented market sentiment. Chinese shares ended marginally lower after Chinese central bank PBoC kept its July loan prime rate (LPR) unchanged. Japanese shares ended lower as concerns grew over the corona-virus surge ahead of a four-day weekend from Thursday, with the Tokyo Olympics opening on Friday. Markets in Malaysia, Singapore and Indonesia are closed on account of Eid-ul-Adha.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,536.79
-2.33
-0.07

Hang Seng

27,259.25
-230.53
-0.84

Jakarta Composite

--

--

--

KLSE Composite

--

--

--

Nikkei 225

27,388.16
-264.58
-0.96

Straits Times

--

--

--

KOSPI Composite

3,232.70
-11.34
-0.35

Taiwan Weighted

17,528.74
-260.51
-1.46


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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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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Our Approach: Ensuring compounding work its magic on client portfolio.

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