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Asian markets settle mostly higher on Monday

14 Jun 2021 Evaluate

Asian markets settled mostly higher on Monday tracking weekend's solid finish on Wall Street, while investors remained cautious ahead of the US Federal Reserve's monetary policy meeting scheduled for Tuesday and Wednesday for more cues about economic recovery and monetary policy. The market sentiment improved further after the G7 summit ended with a pledge to continue to support economies with investment until pandemic subsidies. Japanese shares ended with solid gains after the Japanese government lifted the Corona-virus state of emergency in Olympics city Tokyo and downgraded it to quasi-emergency state in three prefectures. Meanwhile, markets in Taiwan, China and Hong Kong were closed for the Dragon Boat Festival.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

-

-

-

Hang Seng

-

-

-

Jakarta Composite

6,080.38
-15.12
-0.25

KLSE Composite

1,582.46

7.30

0.46

Nikkei 225

29,161.80
213.07
0.74

Straits Times

3,153.14
-4.83
-0.15

KOSPI Composite

3,252.13
2.81
0.09

Taiwan Weighted

-

-

-


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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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