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Asian markets end mostly higher on Tuesday

08 Sep 2020 Evaluate

Asian markets ended mostly higher on Tuesday as investors shrugged off latest worries about tensions between Washington and Beijing. Investors are focusing on uncertainties over the corona virus pandemic and hopes for a vaccine. Japanese shares ended higher followed by rallies in major European markets overnight with US markets closed for the Labor Day holiday, despite data showing that Japan's economy contracted more than initially estimated in the second quarter. Chinese shares gained after four days of losses as investors brushed aside Trump's anti-China rhetoric.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,316.42
23.83
0.72

Hang Seng

24,624.34
34.69
0.14

Jakarta Composite

5,244.07
13.87
0.27

KLSE Composite

1,519.32

2.94

0.19

Nikkei 225

23,274.13
184.18
0.80

Straits Times

2,504.76
-6.45
-0.26

KOSPI Composite

2,401.91
17.69
0.74

Taiwan Weighted

12,663.56
62.16
0.49

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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