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Asian markets end mostly lower on Tuesday

30 Nov 2021 Evaluate

Asian markets ended mostly lower on Tuesday after a warning from drugmaker Moderna CEO that existing Covid-19 vaccines would be less effective against the Omicron variant than they have been against the Delta variant. South Korean shares declined on disappointing factory output data and continuance of corona virus curbs. However, Chinese shares ended up as a jump in manufacturing PMI curbed hopes of policy easing. The official manufacturing Purchasing Manager’s Index (PMI) was at 50.1 in November, up from 49.2 in October.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,563.89
1.19
0.03

Hang Seng

23,475.26
-376.98
-1.58

Jakarta Composite

6,533.93
-74.36
-1.13

KLSE Composite

1,513.98
3.41 0.23

Nikkei 225

27,821.76
-462.16
-1.63

Straits Times

3,041.29
-79.29
-2.54

KOSPI Composite

2,839.01
-70.31
-2.42

Taiwan Weighted

17,427.76
99.67
0.58


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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