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Asian market end mostly higher on Monday

01 Feb 2021 Evaluate

Asian markets ended mostly higher on Monday, as the market sentiments got boosted with the report that AstraZeneca agreed to increase supplies corona virus vaccines to Europe by 30 percent ,brushing off worries over surging covid cases and slow pace  vaccine rollout. Japan's Nikkei rebounded after two straight session losses on technical correction, and on upbeat earnings forecasts. Gains in beaten down chip makers also lifted the sentiments. Chinese share rose on liquidity injection by the government with the top gainers as coal processing and banking shares . Stock market of Malaysia is closed for a public holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,505.2822.210.64

Hang Seng

28,892.86609.152.15

Jakarta Composite

6,067.54205.193.50

Nikkei 225

28,091.05

427.661.55

Straits Times

2,896.32-6.20-0.21

KOSPI Composite

3,056.5380.322.70

Taiwan Weighted

15,410.09271.781.80

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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