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Asian stock markets conclude the session on a mixed note

25 Jan 2013 Evaluate

Asian stock markets ended mixed on Friday, with Nikkei rallying due to continued weakness in the yen, followed by comments from Japanese Vice Finance Minister that the country is closely monitoring developments in the currency market. However, South Korea's Kospi extended its losing streak and closed lower weighted down by automakers. The mainland Chinese shares went home with red mark as investors booked profit in the banking sector. Moreover, Seoul, which fell on weak economic growth figures in the earlier session, took another hit on Friday after index giant Samsung Electronics posted below-forecast results for the October-December fourth quarter.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,291.30

-11.29

-0.49

Hang Seng

23,580.43

-18.47

-0.08

Jakarta Composite

4,437.60

18.87

0.43

KLSE Composite

1,637.13

1.88

0.11

Nikkei 225

10,926.65

305.78

2.88

Straits Times

3,269.31

20.92

0.64

KOSPI Composite

1,946.69

-17.79

-0.91

Taiwan Weighted

7,672.58

-23.41

-0.30

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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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