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Asian markets end mostly higher on Thursday

07 Jan 2021 Evaluate

Asian markets ended mostly higher on Thursday as Democratic victories in the Georgia runoff elections give US President-elect Joe Biden a clearer path to boosting fiscal stimulus. Chinese shares ended higher after the country's central bank pledged to keep its monetary policy accommodative in 2021, focusing on supporting small firms as the economy recovers. Though, Hong Kong shares declined after the New York Stock Exchange moved to delist Chinese telecoms firms again. Surging infections around the world and lockdowns in major economies added some pressure on market sentiments.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,576.20
25.32
0.71

Hang Seng

27,548.52
-143.78
-0.52

Jakarta Composite

6,153.63
87.95
1.45

KLSE Composite

1,602.95

10.98

0.69

Nikkei 225

27,490.13
434.19
1.60

Straits Times

2,906.97
43.96
1.54

KOSPI Composite

3,031.68
63.47
2.14

Taiwan Weighted

15,214.00
230.87
1.54

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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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.

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

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