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Asian markets ends mostly down; Japan’s Nikkei outperforms

17 Dec 2012 Evaluate

Most Asian markets ended down, excluding giant Japan’s index, which closed higher in reaction to yen weakness on LDP parties’ victory with absolute majority in yesterday's general election mixed on Monday. Mainland China continued its positive journey after Friday's strong performance, while Hong Kong market went home with red mark, following other regional markets that slipped lower amid continued worries over U.S. fiscal cliff negotiations.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,160.34

9.72

0.45

Hang Seng

22,513.61

-92.37

-0.41

Jakarta Composite

4,315.86

6.99

0.16

KLSE Composite

1,648.58

-3.40

-0.21

Nikkei 225

9,828.88

91.32

0.94

Straits Times

3,158.70

-9.73

-0.31

KOSPI Composite

1,983.07

-11.97

-0.60

Taiwan Weighted

7,631.28

-67.49

-0.88

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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