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Asian markets close shutter on weak note

06 Jun 2013 Evaluate

Asian equity markets closed shutter on a weak note after touching fresh lows in 2013 on Thursday, following a lower-than-expected growth in private sector employment in May in the world's top economy. Japan's benchmark Nikkei ended below 13,000 for the first time in two months on extending its decline from a 5-1/2 year high hit last month to the verge of bear-market territory. Shares in Taiwan came under pressure as investors took cues from a plunge suffered by Wall Street.

Stock markets in China, Indonesia and South Korea remained shut for the trade today on account of public holidays.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

-

-

-

Hang Seng

21,838.43

-230.81

-1.05

Jakarta Composite

-

-

-

KLSE Composite

1,769.60

-4.82

-0.27

Nikkei 225

12,904.02

-110.85

-0.85

Straits Times

3,193.51

-49.92

-1.54

KOSPI Composite

-

-

-

Taiwan Weighted

8,096.14

-85.77

-1.05

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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