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Asian markets end mostly higher on Wednesday

30 Dec 2020 Evaluate

Asian markets ended mostly higher on Wednesday, despite weakness in Wall Street overnight due to uncertainty over increasing the size of the individual stimulus checks to $2,000 from $600. While, the start of mass Covid-19 vaccination drives in several countries has fueled recovery hopes. Chinese shares ended higher amid expectations of a strong economic recovery next year. Though, Japanese shares finished lower as investors booked profits after Nikkei index hits 30-year high on Tuesday. Growing worries over spiking corona virus cases as well as confirmation of new virus strains in Japan that were first detected in the United Kingdom and South Africa also put pressure on Japanese markets.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,414.45
35.41
1.05

Hang Seng

27,147.11
578.62
2.18

Jakarta Composite

5,979.07
-57.10
-0.95

KLSE Composite

1,644.41

9.42

0.58

Nikkei 225

27,444.17
-123.98
-0.45

Straits Times

2,869.22
21.08
0.74

KOSPI Composite

2,873.47
52.96
1.88

Taiwan Weighted

14,687.70
215.65
1.49

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.

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.

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