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Asian markets end mostly higher on Thursday

09 Apr 2020 Evaluate

Asian markets ended mostly higher on Thursday on expectations that governments would roll out more stimulus measures amid optimism that corona virus infections around the world are nearing a peak. Oil prices are rising ahead of a meeting of major global oil producers on expectations that they will agree production cuts to counter the slump in demand caused by corona virus lockdowns. Chinese shares ended up as Wuhan, the Chinese city where the outbreak was first recorded late last year, returned to normalcy following the easing of lockdown restrictions in the city. Though, Japanese shares finished marginally lower on worries about the impact of the corona virus pandemic on corporate Japan's earnings. Japan recorded 503 new corona virus infections on Wednesday, its biggest daily increase since the outbreak.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,825.90
10.53
0.37

Hang Seng

24,300.33
329.96
1.38

Jakarta Composite

4,649.08
22.38
0.48

KLSE Composite

1,369.76

8.37

0.61

Nikkei 225

19,345.77
-7.47
-0.04

Straits Times

2,571.32
31.88
1.26

KOSPI Composite

1,836.21
29.07
1.61

Taiwan Weighted

10,119.43
-18.04
-0.18

About MoneyWorks4Me

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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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.

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