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Asian stock markets end mostly higher on Friday

17 May 2013 Evaluate

Asian stock markets ended mostly higher on Friday, with Japanese market rising as the yen's slight decline triggered some buying at lower levels. Chinese market went home with green mark for a second straight session on Friday as investors cheered moves by the government to ease strict regulation while the rest traded cautiously as concerns grew after a Federal Reserve official tipped a pullback in the central bank's easing programs as soon as this summer. Meanwhile, Taiwan market closed lower as the market encountered stiff technical resistance ahead of 8,400 points.

Markets in Hong Kong and South Korea are closed for holidays.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,282.87

31.06

1.38

Hang Seng

-

-

-

Jakarta Composite

5,145.68

67.00

1.32

KLSE Composite

 1,769.16

2.44

0.14

Nikkei 225

15,138.12

100.88

0.67

Straits Times

3,449.30

-2.98

-0.09

KOSPI Composite

-

-

-

Taiwan Weighted

8,368.19

-21.86

-0.26

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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