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Asian stock markets end mostly lower on Friday

21 Jun 2013 Evaluate

Asian stock markets shut shop on a weak note on Friday amid continuing worries about the outlook for Fed's asset purchase program, which hurting sentiment and prompting investors to indulge in some heavy selling. However, Japan's Nikkei went home with green mark outshining the rest of the region, with a weaker yen against the dollar improving market sentiment. Chinese markets closed lower, despite China’s central bank offering some comfort to stressed money markets.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,073.10

-10.93

-0.52

Hang Seng

20,263.31

-119.55

-0.59

Jakarta Composite

4,515.37

-114.62

-2.48

KLSE Composite

1,755.85

-6.49

-0.37

Nikkei 225

13,230.13

215.55

1.66

Straits Times

3,124.45

-8.81

-0.28

KOSPI Composite

1,822.83

-27.66

-1.49

Taiwan Weighted

7,793.31

-105.60

-1.34

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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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