Most of the Asian equity benchmarks are trading higher on Tuesday, followed by reports that the US took off China’s currency manipulator label, with remarks that it has made 'enforceable commitments' not to devalue the Yuan. Chinese Vice Premier Liu He is scheduled to visit Washington to sign the deal. Meanwhile, the positive trend in Wall Street overnight and the signs of de-escalation in the Middle East also buoyed the market sentiments. Japan's Nikkei is in upward trend, with the softer safe-haven yen. Among the Asian markets, Singapore, South Korea, Taiwan, Indonesia, are trading higher. Bucking the trend, Shanghai, Hong Kong and Malaysia are in lower note.
Nikkei 225 up 172.06 points or 0.72% to 24,022.63, Straits Times down 13.27 points or 0.41% to 3,264.34, Taiwan Weighted jumped 35.84 points or 0.30% to 12,149.26, KOSPI Index widened 9.45 points or 0.42% to 2,238.71, Jakarta Composite enlarged by 9.55 points or 0.15% to 6,306.12,
On the flip side, Hang Seng decreased 13.32 points or 0.05% to 28,941.62, Shanghai narrowed 2.31 points or 0.07% to 3,113.26 and FTSE Bursa Malaysia KLCI dipped 10.41 points or 0.66% to 1,574.32.
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: