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Asian markets end mixed on Wednesday

21 Dec 2022 Evaluate
Asian markets ended mixed on Wednesday after a modestly higher close on Wall Street overnight. Moreover, lingering worries over recession and surging new Covid-19 cases in China also added more pressure on market sentiments. Japanese shares extended losses following the Bank of Japan’s (BoJ) unexpected tweak to its bond yield control program.  BoJ decided to allow the 10-year bond yields move 50 basis points either side of its 0% target, wider than the previous 25 basis point band.

Asian Indices

Last Trade               

Change in Points

Change in %   

Shanghai Composite

3,068.41-5.36-0.17

Hang Seng

19,160.4965.690.34

Jakarta Composite

6,820.6652.340.77

KLSE Composite

1,462.55-4.77-0.33

Nikkei 225

26,387.72-180.31-0.68

Straits Times

3,256.192.220.07

KOSPI Composite

2,328.95-4.34-0.19

Taiwan Weighted

14,234.4064.370.45

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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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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