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Asian markets end higher on Tuesday

07 May 2019 Evaluate

Asian markets ended higher on Tuesday. Chinese shares ended higher after the People's Bank of China announced it would reduce the required reserve ratio for some small and medium-sized banks. China's commerce ministry said that Vice Premier Liu He would visit the United States on May 9 and May 10 for bilateral trade talks at the invitation of senior US officials. The Japanese and South Korean markets, which resumed trading after holidays, fell sharply while markets elsewhere across the region regained some ground after steep losses in the previous session.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,926.39
19.93
0.69

Hang Seng

29,363.02
153.20
0.52

Jakarta Composite

6,297.32
40.97
0.65

KLSE Composite

1,639.37

6.57

0.40

Nikkei 225

21,923.72
-335.01
-1.51

Straits Times

3,312.52
21.90
0.67

KOSPI Composite

2,176.99
-19.33
-0.88

Taiwan Weighted

10,987.14
90.02
0.83

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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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