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Asian stock markets end mostly lower on Wednesday

12 Jun 2013 Evaluate

Asian stock markets ended mostly lower on Wednesday as the lack of new steps from the Bank of Japan to quell tumult in the domestic bond market extended losses. After spending most of the day deep in negative territory, Japan’s Nikkei stocks swung upward in the afternoon to end with only mild losses. Meanwhile, South Korea closed lower, after the nation’s factory production lagged estimates and retail inflation accelerated.

Markets in China, Hong Kong and Taiwan were closed for the Dragon Boat Festival.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

-

-

-

Hang Seng

-

-

-

Jakarta Composite

4,697.88

87.94

1.91

KLSE Composite

1,775.12

-4.45

-0.25

Nikkei 225

13,289.32

-28.30

-0.21

Straits Times

3,153.48

-16.90

-0.53

KOSPI Composite

1,909.91

-10.77

-0.56

Taiwan Weighted

-

-

-

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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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