Most of the Asian equity benchmarks are trading up in the early deals on Friday, aided by a higher Wall Street and eased tensions over Greece, while the dollar extended gains versus the euro and yen as economic indicators bolstered expectations for a US rate hike by year-end. The Japanese market rose into a fifth day following the positive lead overnight from Wall Street, but gains were capped as investors refrained from taking big positions before a long weekend. Among the other Asian markets, Shanghai, and Hong Kong are up with modest gains. Meanwhile, South Korea and Taiwan are in negative territory. Singapore, Indonesia and Malaysia are closed for the Eid-ul-Fitr holiday.
Nikkei 225 gained 45.88 points or 0.22% to 20,646.00, Hang Seng jumped 258.38 points or 1.03% to 25,421.16 and Shanghai Composite was up by 52.32 points or 1.37% to 3,875.50.
On the flip side, Taiwan Weighted declined 12.49 points or 0.14% to 9,029.72 and KOSPI Index was down by 15.08 points or 0.72% to 2,072.81.
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: