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Asian markets end higher on Tuesday

04 Feb 2020 Evaluate

Asian markets ended higher on Tuesday as Chinese markets reversed some of their previous session's plunge on the back of stimulus measures announced by China to support the economy and markets amid the deadly corona virus outbreak. As the death toll in mainland China from the new type of virus rose to 425, China has agreed to allow US health experts into the mainland as part of a WHO effort to help fight the corona virus. Further, Japanese stocks closed higher by tracking a rebound in Shanghai shares, although exporters ended broadly lower on a slightly stronger yen.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,783.29
36.68
1.34

Hang Seng

26,675.98
319.00
1.21

Jakarta Composite

5,922.34
38.17
0.65

KLSE Composite

1,535.80

13.85

0.91

Nikkei 225

23,084.59
112.65
0.49

Straits Times

3,156.57
40.26
1.29

KOSPI Composite

2,157.90
39.02
1.84

Taiwan Weighted

11,555.92
201.00
1.77

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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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