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Asian markets end lower on Italy election concerns

26 Feb 2013 Evaluate

Asian equity markets went home with red mark on Tuesday, as investors remained frightened by an election in Italy that left no clear winner, leading to political uncertainty and fresh worries about euro-zone stability. Japan’s Nikkei ended lower with huge losses, as yen rebounded sharply, resulting fall in exporter shares. Meanwhile, South Korean stocks closed in negative territory, amid stock specific movement.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,293.34

-32.48

-1.40

Hang Seng

22,519.69

-300.39

-1.32

Jakarta Composite

4,663.03

-33.08

-0.70

KLSE Composite

1,624.18

-3.17

-0.19

  Nikkei 225

11,398.81

-263.71

-2.26

Straits Times

3,254.26

-34.50

-1.05

KOSPI Composite

2,000.01

-9.51

-0.47

Taiwan Weighted

7,880.90

-66.78

-0.84 

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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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