SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian Markets trade mostly higher in early deals on Thursday

22 Apr 2021 Evaluate
Most of the Asian equity benchmarks traded higher in early deals on Thursday, caught up with the positive US stock markets overnight and on technical buying after two days of losses in a row. Even though, risk aversion amid surging covid cases world-wide, the possibility of coronavirus-related lockdowns in some markets and rising doubts about global economic health limited gains of the session. Oil shares are in lower note after slide of crude oil rates overnight, while gold miners in positive territory with the higher gold rates. Japan’s Nikkei rebounded sharply after two days of straight losses , with the Nikkei 225 gaining nearly 600 points to break above the 29,000 mark. However, worries about possible coronavirus-related lockdowns in major cities amid the continuing surge in coronavirus cases weighed on the sentiments. Japan reported nationwide daily infections of topped 5000 for the first time in three months. The country's government is mulling fresh coronavirus state of emergency in Tokyo as well as Osaka, Kyoto and Hyogo prefectures on Friday. Among the Asian markets, Japan, Singapore, Hong Kong, South Korea, and Malaysia are in positive note. Bucking the trend, Taiwan, Indonesia and China are trading lower.

Nikkei 225 up by 566.23 points or 1.99% to 29,074.78, Straits Times increased 25.23 points or 0.80% to 3,180.29, Hang Seng rose by 132.90 points or 0.46% to 28,754.82, KOSPI Index jumped by 9.98 points or 0.31% to 3,181.64, and FTSE Bursa Malaysia KLCI higher by 8.21 points 0.51% to 1,604.79.

On the flip side, Taiwan Weighted dipped 22.76 points or 0.13% to 17,179.35, Jakarta Composite curtailed by 9.46 points or 0.16% to 5,983.78 and Shanghai Composite down by 1.70 points or 0.05% to 3,471.23.

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

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

MoneyWorks4Me ensures this through:

×