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Asian markets close shop on weak note

13 Jun 2013 Evaluate

Asian stocks closed shop on a weak note, with Japanese shares leading the losses as dollar hits a two-month low against the yen, on expectations that central bank’s easing measures will soon come to an end. Shanghai markets ended lower in its first session of trade this week, as investment data at the weekend reinforced fears about a slowdown in the world's number two economy. Hong Kong market went home with red mark after touching lowest level since September.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,148.35

-62.54

-2.83

Hang Seng

20,887.04

-467.62

-2.19

Jakarta Composite

4,607.66

-90.22

-1.92

KLSE Composite

1,742.87

-32.25

-1.82

Nikkei 225

12,445.38

-843.94

-6.35

Straits Times

3,130.69

-22.79

-0.72

KOSPI Composite

1,882.73

-27.18

-1.42

Taiwan Weighted

7,951.66

-164.49

-2.03

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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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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