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Asian markets trade higher in early deals on Monday

03 Apr 2017 Evaluate

Asian equity benchmarks are trading up in the early deals on Monday, cheered by a positive report on the Japanese economy, as players awaited a meeting between US President Donald Trump and his Chinese counterpart later in the week. Though, a negative lead from Wall Street on Friday capped some gains. Meanwhile, Japanese stocks edged up after sharp losses last week, but an upbeat Bank Of Japan survey had only a modestly positive impact on risk appetite amid lingering worries about the outlook for exporters. Among the other Asian markets, China and Taiwan were closed for public holidays.

Nikkei 225 gained 42.90 points or 0.23% to 18,952.16, Hang Seng strengthened 66.85 points or 0.28% to 24,178.44, FTSE Bursa Malaysia KLCI added 2.48 points or 0.14% to 1,742.57, KOSPI Index increased 6.99 points or 0.32% to 2,167.22, Jakarta Composite spurt 35.21 points or 0.63% to 5,603.31 and Straits Times was up by 7.32 points or 0.23% to 3,182.43. Markets in China and Taiwan are closed for holidays.

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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.

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