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Asian markets end mostly higher on Tuesday

19 Jan 2021 Evaluate

Asian markets ended mostly higher on Tuesday as investors looked ahead to comments from US Treasury Secretary nominee Janet Yellen on US stimulus at the Senate confirmation hearing later today. Janet Yellen is expected to urge lawmakers to act big on relief spending during confirmation hearing, underscoring the urgency and scope of the incoming Biden administration's $1.9 trillion stimulus package. Japanese shares ended higher on bargain hunting following two days of profit-taking. However, concerns over surging corona virus infections capped gains.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,566.38
-29.84
-0.83

Hang Seng

29,642.28
779.51
2.70

Jakarta Composite

6,321.86
-67.97
-1.06

KLSE Composite

1,601.88

-7.64

-0.47

Nikkei 225

28,633.46
391.25
1.39

Straits Times

2,995.92
5.52
0.18

KOSPI Composite

3,092.66
78.73
2.61

Taiwan Weighted

15,877.37
265.37
1.70

 

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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