Asian markets ended mostly higher on Tuesday after data showing that China's manufacturing sector continued to expand in August, the Caixin/ Markit Manufacturing Purchasing Managers' Index rose to 53.1 from 52.8 in July amid the sharpest increase in production and new orders since 2011. Seoul shares ended higher as investors shrugged off surging new infections, with the country's corona virus tally surpassing 20,000 today. While, South Korea's government has proposed an 8.5 percent national budget increase for next year, signaling it would continue to step up stimulus to pull Asia's fourth-largest economy from the pandemic-induced slowdown. Japanese shares ended on a flat note, despite shares of trading companies extended a rally driven by the acquisition of a 5 percent stake by Warren Buffett's Berkshire Hathaway in each of Japan's five biggest trading houses. Japan’s factory activity contracted at the slowest pace in six months in August, the latest survey from Jibun bank revealed today with a manufacturing PMI score of 47.2, up from 45.2 in July. The unemployment rate in Japan came in at a seasonally adjusted 2.9 percent in July against 2.8 percent in June.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,410.61 | 14.93 | 0.44 |
Hang Seng | 25,184.85 | 7.80 | 0.03 |
Jakarta Composite | 5,310.68 | 72.19 | 1.38 |
KLSE Composite | 1,521.43 | -3.78 | -0.25 |
Nikkei 225 | 23,138.07 | -1.69 | -0.01 |
Straits Times | 2,538.55 | 6.04 | 0.24 |
KOSPI Composite | 2,349.55 | 23.38 | 1.01 |
Taiwan Weighted | 12,703.28 | 111.83 | 0.89 |
| Company Name | CMP |
|---|---|
| Supreme Industries | 3654.70 |
| Astral | 1569.55 |
| Finolex Inds | 177.95 |
| Nilkamal | 1302.00 |
| Jain Irrigation Sys | 35.10 |
| View more.. | |
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: