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Most Asian stock markets went home with red mark

07 Feb 2013 Evaluate

Most Asian stock markets ended lower ahead of release of economic data from China on Friday. Japan’s Nikkei went home with red mark reacting to a slight strengthening in the yen against U.S dollar. Investors were traded cautiously ahead of European Central Bank (ECB) policy decision and remarks from ECB president Mario Draghi on prospects for the euro zone economy. Shanghai shares closed the shutter on negative note taking a break after eight-day’s rising streak, as investors took some profits on Chinese financials after the central bank stressed the need to tackle inflation and speculative housing demand.

Taiwan Weighted was shut for the trade today.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,418.53

-15.95

-0.66

Hang Seng

23,177.00

-79.93

-0.34

Jakarta Composite

4,503.15

4.17

0.09

KLSE Composite

1,619.57

5.43

0.34

Nikkei 225

11,357.07

-106.68

-0.93

Straits Times

3,261.77

-14.76

-0.45

KOSPI Composite

1,931.77

-4.42

-0.23

Taiwan Weighted

-

-

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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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