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Asian markets end mostly in green on Thursday

04 Dec 2014 Evaluate

Asian markets ended mostly in green on Thursday as record highs on Wall Street amid fresh signs of resilience in the US economy and continued hopes that central banks in China and Europe will unveil further stimulus encouraged investors to buy riskier assets. Chinese shares soared to hit a three-year high, as investors piled up shares of financials, oil and brokerage companies on bets the People's Bank of China will follow up on last month's rate cut with further interest rate cuts and reduction in banks' reserve requirement ratios. Japanese shares extended gains for a fifth straight session as persistent weakness in yen lifted exporter shares.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,899.46

119.93

4.31

Hang Seng

23,832.56

403.94

1.72

Jakarta Composite

5,177.16

11.12

0.22

KLSE Composite

1,745.69

-12.46

-0.71

Nikkei 225

17,887.21

166.78

0.94

Straits Times

3,304.82

 1.43

0.04

KOSPI Composite

1,986.61

16.70

0.85

Taiwan Weighted

9,225.11

49.85

0.54

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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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