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Asian markets end mostly higher on Thursday

11 Feb 2021 Evaluate

Asian markets ended mostly higher on Thursday, supported by rising hopes of a US stimulus package. US Federal Reserve Chair Jerome Powell said maintaining patiently accommodative monetary policy will be important to returning to a strong labor market and more needs to be done. Hong Kong shares ended at their highest level since June 2018 ahead of the Lunar New Year holidays. Stock markets of Taiwan, South Korea and China were closed for the Lunar New Year holidays, while Japanese markets were also closed in observance of National Foundation Day.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

-
-
-

Hang Seng

30,173.57
134.85
0.45

Jakarta Composite

6,222.52
20.69
0.33

KLSE Composite

1599.42

2.57

0.16

Nikkei 225

-
-
-

Straits Times

2,925.48
-0.36
-0.01

KOSPI Composite

-
-
-

Taiwan Weighted

-
-
-

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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