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Asian markets trade mostly higher in early deals on Monday

09 Sep 2019 Evaluate

Most of the Asian equity benchmarks are trading higher on Monday on hopes for further stimulus from world’s major economies amid softer economic data. Chinese customs data showed the country’s exports unexpectedly fell in August, pointing to further weakness in the world’s second-largest economy, while US jobs growth in the month of August was weaker than expected. Japan's Nikkei is trading higher despite a slightly stronger yen. Malaysia's stock market is closed for Yang Dipertuan Agong's Birthday. Among the other Asian markets, Singapore, Taiwan, South Korea, Shanghai, Malaysia and Indonesia are in positive. Bucking the trend, Hong Kong is in negative territory

Nikkei 225 up 108.96 points or 0.51% to 21,308.53, Straits Times rose 4.45 points or 0.14% to 3,148.93, Taiwan Weighted widened 7.95 points or 0.07% to 10,788.59, KOSPI Index increased 11.70 points or 0.58% to 2,020.83, Shanghai rose 10.91 points 0.36% to 3,010.51, and Jakarta Composite higher by 15.70 points or 0.25% to 6,324.65.

On the flip side, Hang Seng down 21.38 points or 0.08% to 26,669.38.


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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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