Asian stock markets snapped the day’s trade mostly higher on Friday, in holiday-thinned trade, ahead of a monthly US hiring report. The payrolls report for March will be watched for further confirmation of a recovery in the world’s biggest economy but market reaction will be largely delayed until Monday because of the Easter long weekend. Moreover, the investors also got sigh of relief after the Chinese government said that it will more than double the amount foreigners can invest in equities, bonds and bank deposits.
Meanwhile, Chinese Shanghai ended up 0.20 percent in thin volume, moving around a key psychological level as investors awaited a slew of economic data next week which could signal possible policy changes. However, Japanese Nikkei share average fell for the fourth straight session on Friday ahead of a key US jobs report, and marked its worst weekly performance in eight months on fading hopes of further US stimulus and fresh concerns over the euro zone's debt crisis. The stock markets in Hong Kong, Indonesia and Singapore remained shut on the account of Easter.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,306.55 | 4.31 | 0.19 |
KLSE Composite | 1,598.87 | 5.43 | 0.34 |
Nikkei 225 | 9,688.45 | -79.16 | -0.81 |
Seoul Composite | 2,029.03 | 0.26 | 0.01 |
Taiwan Weighted | 7,706.26 | 66.44 | 0.87 |
Hang Seng | -- | -- | -- |
Jakarta Composite | -- | -- | -- |
Straits Times | -- | -- | -- |
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: