Asian equity markets ended mostly higher on Thursday after the latest FOMC minutes showed Fed officials expressing a strong degree of caution over the timing of future interest-rate increases. Many participants thought another increase in interest rates later this year is ‘likely to be warranted’ if the medium-term outlook remained broadly unchanged. However, they also expressed concern about persistently weak inflation. Japanese shares closed at a more than two-decade high as polls suggesting that Prime Minister Shinzo Abe's ruling coalition is heading for a two-thirds majority in forthcoming election helped offset concerns over a firmer yen. Meanwhile, Chinese shares ended little changed with a negative bias ahead of the Communist Party Congress starting next week.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,386.10 | -2.18 | -0.06 |
Hang Seng | 28,459.03 | 69.46 | 0.24 |
Jakarta Composite | 5,926.20 | 43.42 | 0.74 |
KLSE Composite | 1,754.00 | -3.21 | -0.18 |
Nikkei 225 | 20,954.72 | 73.45 | 0.35 |
Straits Times | 3,303.09 | 22.81 | 0.70 |
KOSPI Composite | 2,474.76 | 16.60 | 0.68 |
Taiwan Weighted | 10,711.44 | 70.25 | 0.66 |
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: