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Asian markets close shutter on mixed note

07 Mar 2013 Evaluate

Asian equity markets closed shutter on mixed note snapping earlier session’s rally, despite the Dow hitting another record on Wall Street. Japan’s Nikkei closed higher after touching 12,000 mark for the first time in more than four years, supported by weaker yen and as BoJ kept things unchanged. China’s Shanghai Composite went home with green mark ahead of trade data release for February, due on March 8. Meanwhile, South Korea’s Kospi Composite closed lower with market heavyweight Samsung Electronics losing after announcing a Y10bn investment in Japanese rival Sharp.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

 2,324.29

-22.89

-0.98

Hang Seng

22,771.44

-6.40

-0.03

Jakarta Composite

 4,848.30

23.62

0.49

KLSE Composite

 1,650.93

-0.91

-0.06

Nikkei 225

11,968.08

35.81

0.30

Straits Times

3,298.54

6.73

0.20

KOSPI Composite

2,004.40

-16.34

-0.81

Taiwan Weighted

 7,960.51  

10.21

  0.13 

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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