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Asian markets end mostly higher on Tuesday

23 Jul 2019 Evaluate

Asian markets ended mostly higher on Tuesday amid bets that the European Central Bank and the US Federal Reserve will ease their monetary policy to support economic growth. Chinese shares ended higher after the South China Morning Post newspaper reported that a few US officials were planning to visit China next week to resume trade talks. Further, Japanese shares closed up following gains on Wall Street overnight, with focus now shifting to corporate earnings announcements and series of macroeconomic data and events this week.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,899.94
12.97
0.45

Hang Seng

28,466.48
95.22
0.34

Jakarta Composite

6,403.81
-29.74
-0.46

KLSE Composite

1,655.67

0.27

0.02

Nikkei 225

21,620.88
204.09
0.95

Straits Times

3,373.13
15.91
0.47

KOSPI Composite

2,101.45
8.11
0.39

Taiwan Weighted

10,947.26
2.73
0.02

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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