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Asian markets end lower led by Chinese shares

24 Jun 2013 Evaluate

Asian markets ended lower on Monday with Chinese shares dragging the bourses to a fresh low as investors, worried about Beijing’s economic and financial stability. The Shanghai financials sub-index was down 7.1 per cent, headed for its worst single day loss since November 2008. Japanese shares went home with red mark despite a sharp weakening of the yen and the ruling Liberal Democratic Party and its coalition making big gains in Tokyo's metropolitan assembly elections. South Korea's Kospi also closed lower extending losses for a fourth consecutive session.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

1,963.24

-109.86

-5.30

Hang Seng

19,813.98

-449.33

-2.22

Jakarta Composite

4,429.46

-85.91

-1.90

KLSE Composite

1,738.19

-17.66

-1.01

Nikkei 225

13,062.78

-167.35

-1.26

Straits Times

3,074.31

-50.14

-1.60

KOSPI Composite

1,799.01

-23.82

-1.31

Taiwan Weighted

7,758.03

-35.28

-0.45

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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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