Asian markets end higher on Friday

16 Apr 2021 Evaluate

Asian markets ended higher on Friday as strong US and Chinese economic data cemented expectations of a solid global economic recovery. The National Bureau of Statistics said that China's gross domestic product expanded 18.3 percent year-on-year in the first quarter of 2021. That was shy of estimates for a jump of 19.0 percent but was up sharply from the 6.5 percent growth in the fourth quarter of 2020. Japanese markets ended marginally higher as the country considers stricter Covid-19 measures for areas surrounding Tokyo. Investors awaited the outcome of a meeting between Prime Minister Yoshihide Suga and US President Joe Biden, set for the weekend.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,426.62	27.63	0.81
Hang Seng	28,969.71	176.57	0.61
Jakarta Composite	6,086.26	6.76	0.11
KLSE Composite	1,608.38	0.13	0.01
Nikkei 225	29,683.37	40.68	0.14
Straits Times	3,201.76	16.99	0.53
KOSPI Composite	3,198.62	4.29	0.13
Taiwan Weighted	17,158.81	82.08	0.48

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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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Asian markets end higher on Friday

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About MoneyWorks4Me

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What Makes MoneyWorks4Me Different

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

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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