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Asian markets end down on Tuesday

17 Dec 2024 Evaluate
Asian markets ended down on Tuesday tracking Wall Streets’ fall overnight ahead of this week's interest rate decisions from the US Federal Reserve, the Bank of Japan and Bank of England, that could provide hints on where interest rates are headed in 2025. Japanese shares finished lower after the yen steadied after six days of losses, while investors were betting on the Bank of Japan to keep interest rates steady this week. Chinese shares declined, despite Chinese Premier Li Qiang urging government officials to swiftly carry out key economic tasks for the coming year. Moreover, Seoul shares fell as the country's Constitutional Court began the process of reviewing the impeachment of South Korean president Yoon Suk Yeol.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,361.49

-24.84

-0.74

Hang Seng

19,700.48

-95.01

-0.48

Jakarta Composite

7,157.73

-100.90

-1.41

KLSE Composite

1,597.33

-9.52

-0.59

Nikkei 225

39,364.68 

-92.81

-0.24

Straits Times

3,799.93

-21.10

-0.56

KOSPI Composite

2,456.81

-32.16

-1.31

Taiwan Weighted

23,018.01

-21.89

-0.10

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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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