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Asian markets trade higher in early deals on Wednesday

12 Dec 2018 Evaluate

Asian market indices are trading higher in early deals on Wednesday, amid positive outlook about US-China trade relations. A flurry of positive developments in the tariffs stand-off between the world's top economies provided optimism on trading floors. Energy firms rallied with oil prices, though the pound remained beaten down by Brexit woes. Meanwhile, Wall Street stocks closed mixed on Tuesday in a volatile session due to concerns about partial government shutdown, amid testy public exchange between Trump and top Democratic leaders over funding for his proposed border wall.

Nikkei 225 rose 427.62 points or 2.02% to  21,575.64, Hang Seng climbed 397.68 points or 1.54% to 26,169.35, Straits Times improve 26.77 points or 0.88% to 3,086.05, Taiwan Weighted gain 92.15 points or 0.95% to 9,799.19, Shanghai Composite gained 5.07 points or 0.20% to 2,599.16, KOSPI Shares increased 30.22 points or 1.47 % to 2,083.19, Jakarta Composite up 32.29 points or 0.53% to 6,108.88, and FTSE Bursa Malaysia KLCI up by 11.73 points or 0.71% to 1,664.36.

About MoneyWorks4Me

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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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.

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