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Asian markets end mixed ahead of US Fed outcome

14 Jun 2022 Evaluate

Asian markets ended mixed on Tuesday as investors cautiously awaiting the outcome of a Federal Reserve policy meeting late on Wednesday. Investors are betting that the US Federal Reserve would raise the key rate by 75 basis points in light of surging US inflation and that could drag the world's top economy into recession. Japanese shares declined sharply following losses in the Wall Street overnight. However, Chinese shares gained even as strict Covid-19 curbs in China sparked worries of new supply chain disruptions.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,288.9133.361.02

Hang Seng

21,067.990.41--

Jakarta Composite

7,049.8854.440.78

KLSE Composite

1,481.2816.451.12

Nikkei 225

26,629.86-357.58-1.32

Straits Times

3,108.89-30.46-0.97

KOSPI Composite

2,492.97-11.54-0.46

Taiwan Weighted

16,047.37-23.61-0.15


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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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