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Asian markets close shutter on mixed note

16 May 2013 Evaluate

Asian markets closed the shutter on a mixed note on Thursday with Japanese stocks turning lower after touching a fresh five-and-a-half year high in early trade. Most of the markets in the region opened on a buoyant note, but some of them retreated soon with investors choosing to take some profits, cashing in on recent gains. Chinese market ended with green mark for the second straight day, with financial institutions and property developers leading the gains. South Korean market closed higher buoyed by foreign buyers returning after having been net sellers for most of April and so far this month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,251.81

27.01

1.21

Hang Seng

23,082.68

38.44

0.17

Jakarta Composite

5,078.68

-11.20

-0.22

KLSE Composite

 1,766.72

-16.31

-0.91

Nikkei 225

15,037.24

-58.79

-0.39

Straits Times

3,452.28

10.75

0.31

KOSPI Composite

1,986.81

15.55

0.79

Taiwan Weighted

8,390.05

71.46

0.86

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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