Asian markets went home mostly higher on Friday as investors were geared up to take risk after a report showed the number of Americans filing new claims for unemployment benefits rose less than expected last week and the European Central Bank said it was ready to buy bonds of troubled euro zone countries. Japan’s Nikkei posted modest gains and ended higher as Bank of Japan kept monetary policy unchanged, but cut its assessment of the economy, citing weakening exports and production. Meanwhile, Hang Seng market garnered half a percent gains with mainland automakers leading the gainers; Malaysia's KLSE Composite ended marginally down. Financial markets in China remained closed.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 21,012.38 | 104.43 | 0.50 |
Jakarta Composite | 4,311.31 | 39.85 | 0.93 |
KLSE Composite | 1,660.23 | -1.24 | -0.07 |
Nikkei 225 | 8,863.30 | 38.71 | 0.44 |
Straits Times | 3,107.87 | 21.23 | 0.69 |
KOSPI Composite | 1995.17 | 2.49 | 0.12 |
Taiwan Weighted | 7,690.65 | 8.31 | 0.11 |
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: