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Asian markets end mostly lower on Tuesday

06 Dec 2022 Evaluate
Asian markets ended mostly lower on Tuesday, tracking weakness in Wall Street overnight amidst anxiety and uncertainty over US Federal Reserve interest rate hikes. The Reserve Bank of Australia raised rates by 25 basis points also added more pressure on Asian equities. Although, hopes of relaxation in Covid curbs in China capped further fall in Asian equities. 

Asian Indices

Last Trade               

Change in Points

Change in %   

Shanghai Composite

3,212.530.720.02

Hang Seng

19,441.18-77.11-0.40

Jakarta Composite

6,892.57-94.76-1.36

KLSE Composite

1,471.55-0.01--

Nikkei 225

27,885.8765.470.24

Straits Times

3,252.37-15.17-0.46

KOSPI Composite

2,393.16-26.16-1.08

Taiwan Weighted

14,728.88-251.86-1.68



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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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