Asian markets ended mostly higher on Monday on investors’ hope that the rollout of corona virus vaccines would ultimately boost the global economy, while encouraging manufacturing and exports data also lifted hopes of a swifter global economic recovery from the pandemic. Chinese shares ended higher as the latest survey from Caixin revealed that the Chinese manufacturing sector continued to expand in December, albeit at a slower pace. Hong Kong shares rose despite persisting Sino-US tensions. Shares in China's state-owned telecommunications companies declined in Hong Kong trading after the New York Stock Exchange said it would delist three major Chinese telecoms, in the latest flare-up of tensions between China and United States. Japanese shares ended lower after Prime Minister Yoshihide Suga said he was considering declaring a state of emergency in the greater Tokyo metropolitan area to curb the spread of the corona virus, while stronger yen against the dollar also fueled selling pressure on market. But, a survey showed Japan's factory activity stabilized for the first time in two years in December, capped the Japanese market’s downfall.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,502.96 | 29.89 | 0.86 |
Hang Seng | 27,472.81 | 241.68 | 0.89 |
Jakarta Composite | 6,104.90 | 125.83 | 2.10 |
KLSE Composite | 1,602.57 | -24.64 | -1.51 |
Nikkei 225 | 27,258.38 | -185.79 | -0.68 |
Straits Times | 2,858.90 | 15.09 | 0.53 |
KOSPI Composite | 2,944.45 | 70.98 | 2.47 |
Taiwan Weighted | 14,902.03 | 169.50 | 1.15 |
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: