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Asian markets end mostly higher on Tuesday

06 Oct 2020 Evaluate

Asian markets ended mostly higher on Tuesday as investors' risk appetite was improved by renewed optimism surrounding stimulus negotiations in the United States with reports that US President Donald Trump returned to the White House after being treated for corona virus for three days at the hospital. Data showed the US services sector grew for a fourth consecutive month in September as the country attempts to re-open from earlier corona virus shutdowns, too supported market sentiment. Meanwhile, markets in China were closed for the National Day holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

-

-
-

Hang Seng

23,980.65
212.87
0.90

Jakarta Composite

4,999.22
40.45
0.82

KLSE Composite

1,509.47

-2.96

-0.20

Nikkei 225

23,433.73
121.59
0.52

Straits Times

2,529.26
12.03
0.48

KOSPI Composite

2,365.90
7.90
0.34

Taiwan Weighted

12,704.23
155.95
1.24

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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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