Asian markets ended mostly lower on Wednesday ahead of US Fed meeting outcome for a clear signal on when tapering may begin. Japanese shares declined due to concerns over domestic economic situation. The Bank of Japan (BOJ) kept its ultra-supportive monetary policy steady but offered a bleaker view on exports and factory output as Asian factory shutdowns caused supply-chain disruptions for some manufacturers. However, Chinese shares ended higher after markets resumed trading after local holidays and developer China Evergrande’s assurance to settle interest payments on a domestic bond also lifts real estate shares. Liquidity infusion by PBoC into the country's financial system too helped Chinese market sentiment. Meanwhile, markets in Hong Kong and South Korea were closed due to local holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,628.49 | 14.52 | 0.40 |
Hang Seng | -- | -- | -- |
Jakarta Composite | 6,108.26 | 47.50 | 0.78 |
KLSE Composite | 1,529.02 | -1.42 | -0.09 |
Nikkei 225 | 29,639.40 | -200.31 | -0.67 |
Straits Times | 3,048.05 | -15.15 | -0.49 |
KOSPI Composite | -- | -- | -- |
Taiwan Weighted | 16,925.82 | -350.97 | -2.03 |
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.
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.
MoneyWorks4Me ensures this through: