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Asian markets end higher on Monday

14 Oct 2019 Evaluate

Asian markets ended higher on Monday. Chinese shares ended higher as signs of improvement in trade relations between the United States and China helped investors shrug off concerns about the country's economic health. United States and China reached a phase 1 trade deal last week and US agreed to hold off on tariff hikes planned for this week, providing a temporary reprieve for global markets. Seoul shares closed up after Samsung Electronics last week posted better-than-expected third-quarter profit. Meanwhile, Japanese markets were closed for a holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,007.88
34.22
1.15

Hang Seng

26,521.85
213.41
0.81

Jakarta Composite

6,126.88
21.08
0.35

KLSE Composite

1,567.59

10.75

0.69

Nikkei 225

-

-

-

Straits Times

3,124.45
10.48
0.34

KOSPI Composite

2,067.40
22.79
1.11

Taiwan Weighted

11,066.95
176.99
1.63

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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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