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Asian markets ended mostly higher

21 Sep 2012 Evaluate

Snapping earlier day’s losses Asian stock markets rebounded and went home with green mark on Friday, tracking technology and oil companies’ gains and overshadowed worries about the uncertain global economy. The technology sector got a boost from the strong orders for Apple's iPhone 5, which went on sale in Asia. Japan's Nikkei ended up on Friday, reversing previous day’s sharp drop as investors relieved from steadiness in U.S. stocks, shrugging off fears over soft manufacturing data from China, Europe and the United States. Hong Kong shares closed in green, boosted by commodities-related sectors, as investors risk appetite increased after oil prices steadied at the end of a volatile week, while Malaysia's KLSE Composite index slipped 0.1%.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,026.69

1.85

0.09

Hang Seng

20,734.94

144.02

0.70 

Jakarta Composite

4,244.62

27.10

0.64

KLSE Composite

1,623.70

-1.89

-0.12

Nikkei 225

9,110.00

23.02

0.25

Straits Times

3,078.23

15.62

0.51

KOSPI Composite

2,002.37

12.04

0.60

Taiwan Weighted

7,754.59

27.04

0.35

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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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