The Asian markets made mostly green closing on Monday, starting the new quarter with gain. It was the report that China’s Purchasing Managers’ Index climbed to a one-year high of 53.1 in the month of March from 51 the previous month, which lifted the sentiments in the region. Adding to that there were some upbeat earnings report supporting the markets today, China Railway Construction and China Railway Group, the nation’s two biggest listed builders reported report higher-than-expected profits. The South Korean index Kospi advanced was one of the top performer in the region after the country’s credit rating outlook was raised by Moody’s Investors Service. The ratings agency cited the nation’s fiscal strength and increased resilience to market turmoil in a statement today.
However, Hong Kong’s stock exchange Hang Seng was a bit under selling pressure from the developers after the Chinese government said it will continue to stabilize prices. Taiwanese index lost considerably and was the laggard of the day.
Stock market in China remained closed for public holiday and will reopen on Thursday.
Asian Indices | Last Trade | Change in Points | Change in % |
Hang Seng | 20,522.26 | -33.32 | -0.16 |
Jakarta Composite | 4,166.07 | 44.52 | 1.08 |
KLSE Composite | 1,603.78 | 7.45 | 0.47 |
Nikkei 225 | 10,109.87 | 26.31 | 0.26 |
Straits Times | 3,016.07 | 5.61 | 0.19 |
Seoul Composite | 2,029.29 | 15.25 | 0.76 |
Taiwan Weighted | 7,862.90 | -70.10 | -0.88 |
Shanghai Composite | -- | -- | -- |
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: