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Asian markets end mostly lower on Friday

04 Mar 2022 Evaluate

Asian markets ended mostly lower on Friday, following the broadly negative cues overnight from Wall Street, as Ukraine's nuclear regulator said a fire broke out at a building on the site of the country's biggest nuclear power plant after shelling by Russian forces. Traders also remain worried as the sanctions imposed on Russia along with the subsequent surge in oil prices could derail the economic recovery. Chinese stocks ended lower on worries over the worsening Ukraine crisis and property market uncertainties. Japanese shares fell the most in two weeks as the Russia-Ukraine conflict entered its ninth day.

Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,447.65

-33.46

-0.96

Hang Seng

21,905.29

-562.05

-2.50

Jakarta Composite

6,928.33

59.93

0.87

KLSE Composite

1,603.94

-14.60

-0.90

Nikkei 225

25,985.47

-591.80

-2.23

Straits Times

3,226.78

-26.87

-0.83

KOSPI Composite

2,713.43

-33.65

-1.22

Taiwan Weighted

17,736.52

-197.88

-1.10


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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