Most of the Asian equity benchmarks are trading up in the early deals on Monday as traders continued to adjust their positions ahead of crucial meetings of the US Federal Reserve and the Bank of Japan this week. Despite, the modest overnight losses on Wall Street, as a rebound in the price of crude oil in Asian trades boosted risk appetite. Among the other Asian markets, South Korea, Shanghai, Hong Kong, Singapore, Indonesia, and Taiwan are all in positive territory. Bucking the trend, Malaysia is lower and the Japanese market is closed for Respect for the Aged Day holiday.
Hang Seng added 193.78 points or 0.83% to 23,529.37, Shanghai Composite surged 18.17 points or 0.61% to 3,021.02, Taiwan Weighted rose 230.02 points or 2.58% to 9,132.32, Jakarta Composite increased 40.44 points or 0.77% to 5,308.21, KOSPI Index jumped 12.74 points or 0.64% to 2,012.10, and Straits Times was up by 3.26 points or 0.12% to 2,830.71.
On the flip side, FTSE Bursa Malaysia KLCI was down by 0.06 points to 1,652.93.
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: