The Asian markets closed mixed on Tuesday, while China stocks closed higher as gains in the Electricity, Utilities and Retailers sectors led shares higher. China is likely to maintain a surplus on its current account this year, while cross-border capital flows could become more volatile, the country’s foreign exchange regulator stated. The State Administration of Foreign Exchange (SAFE) stated in its annual report for 2014, that the country had a current account surplus of $219.7 billion in 2014, up 48 percent from the previous year. The regulator added that China will also keep diversifying its foreign exchange reserve investment in 2015 and improve profitability. Members of Japan’s top economic advisory panel will propose that the government focus on higher economic growth and spending cuts to meet fiscal targets. Private-sector members of the Council on Economic and Fiscal Policy (CEFP) will propose later that the government keep gross domestic product growth above 2 percent in real terms and 3 percent in nominal terms. Japan’s index of leading economic indicators rose to a seasonally adjusted 105.5, from 104.8 in the preceding month.
Asian Indices Last Trade Change in Points Change in % Shanghai Composite 4,401.22 67.64 1.56 Hang Seng 27,407.18 -311.02 -1.12 Jakarta Composite 5,205.61 33.13 0.64 KLSE Composite 1,798.61 -6.88 -0.38 Nikkei 225 19,624.84 3.93 0.02 Straits Times 3,442.33 -28.47 -0.82 KOSPI Composite 2,096.77 -0.61 -0.03 Taiwan Weighted 9,680.73 17.01 0.18
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.
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.
MoneyWorks4Me ensures this through: