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Asian markets trade higher in early deals on Tuesday

24 Jul 2018 Evaluate

All the Asian markets are trading in green terrain in early deals on Tuesday, led by better-than-expected US corporate earnings and a lack of bad news on trade tensions. Meanwhile, Japan’s Nikkei share average bounced modestly, trimming some sharp losses from the previous day as the yen’s rally stalled and provided some relief to investors worried about the currency’s impact on exporters’ earnings.

Nikkei 225 rose 126.17 points or 0.56% to 22,523.16, KOSPI Index gained 12.90 points or 0.57% to 2,282.21, Shanghai Composite jumped 45.39 points or 1.56% to 2,904.93, Hang Seng surged 419.90 points or 1.46% to 28,676.02, Taiwan Weighted added 20.94 points or 0.19% to 10,967.83, FTSE Bursa Malaysia KLCI increased 4.81 points or 0.27% to 1,762.77, Jakarta Composite spurt 17.66 points or 0.30% to 5,933.46, and Straits Times up by 10.16 points or 0.31% to 3,303.87.

 

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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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