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Asian markets end mostly higher on Thursday

10 Oct 2019 Evaluate

Asian markets ended mostly higher on Thursday. Chinese shares ended higher as a dim services sector survey reinforced hopes that Beijing will roll out more stimulus measures to prop up growth. Japanese shares ended higher after reports emerged that the United States will soon issue licenses allowing some US companies to supply non-sensitive goods to China’s Huawei Technologies Company in a bid to resolve the trade war. Investors shrugged off official data showing that core machine orders in Japan fell a seasonally adjusted 2.4 percent on month in August. That missed expectations for a flat reading following the 6.6 percent decline in July. Meanwhile, Taiwan's market is closed for a holiday today.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,947.71
22.85
0.78

Hang Seng

25,707.93
25.12
0.10

Jakarta Composite

6,023.64
-5.52
-0.09

KLSE Composite

1,551.870.640.04

Nikkei 225

21,551.98
95.60
0.45

Straits Times

3,089.48
-0.42
-0.01

KOSPI Composite

2,028.15
-18.10
-0.88

Taiwan Weighted

-
-
-

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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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