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Asian markets end mostly lower on Tuesday

27 Jul 2021 Evaluate

Asian markets ended mostly lower on Tuesday as global investors awaited this week's Federal Reserve meeting outcome for any new hints about when the US central bank would pare back stimulus. Chinese shares extended losses following a series of crackdowns by Beijing on its technology and education industries. Moreover, lingering concerns about the spread of new coronavirus variants too influenced market sentiments. Tokyo reported its highest number of new coronavirus infections on Tuesday, days after the Olympics began. However, Japanese shares ended higher as investors cheered upbeat corporate earnings from the United States.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,381.18
-86.26
-2.49

Hang Seng

25,086.43
-1,105.89
-4.22

Jakarta Composite

6,097.05
-9.34
-0.15

KLSE Composite

1,514.60

2.07

0.14

Nikkei 225

27,970.22
136.93
0.49

Straits Times

3,138.81
-0.16
-0.01

KOSPI Composite

3,232.53
7.58
0.24

Taiwan Weighted

17,269.87
-133.69
-0.77


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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