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Asian markets finish mostly higher on Tuesday

03 Nov 2020 Evaluate

Asian markets finished mostly higher on Tuesday, with investors buoyed by upbeat manufacturing activity data from the United States, Europe and China, while the US dollar held ground on political uncertainty ahead of the US presidential elections. Chinese shares ended higher due to optimism that the economy is recovering from the initial corona virus pandemic outbreaks, along with release of its upbeat manufacturing activity. The Caixin China General Manufacturing Purchasing Managers’ Index for October rose to 53.6 in October from 53 a month earlier, the sixth straight month it has stayed above the 50 mark that separates growth from contraction. The Japanese market was closed in observance of Culture Day.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,271.07
45.95
1.42

Hang Seng

24,939.73
479.72
1.96

Jakarta Composite

5,159.45
44.32
0.87

KLSE Composite

1,461.45

-5.01

-0.34

Nikkei 225

--
--
--

Straits Times

2,497.22
54.09
2.21

KOSPI Composite

2,343.31
43.15
1.88

Taiwan Weighted

12,736.01
144.70
1.15

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: