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Asian markets end mostly higher on Tuesday

12 Mar 2019 Evaluate

Asian markets ended mostly higher on Tuesday after US retail sales stabilized in January, helping ease concerns over the state of the economy. The market sentiment was also bolstered after British Prime Minister Theresa May won legally binding assurances from the European Union in an updated Brexit deal, just ahead of a vote in the British parliament. Chinese shares ended higher on trade optimism after media reports suggested that Chinese Vice-Premier Liu He held a telephone call with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer on key issues in their trade talks. Further, Japanese shares ended up, with gains in global equities and continued weakness in the yen helping underpin investor sentiment.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,060.31
33.32
1.10

Hang Seng

28,920.87
417.57
1.46

Jakarta Composite

6,353.77
-12.66
-0.20

KLSE Composite

1,671.28

6.65

0.40

Nikkei 225

21,503.69
378.60
1.79

Straits Times

3,212.25
20.83
0.65

KOSPI Composite

2,157.18
19.08
0.89

Taiwan Weighted

10,343.33
93.05
0.91

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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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