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Asian markets settle mostly higher on Tuesday

22 Jun 2021 Evaluate

Asian markets settled mostly higher on Tuesday with hopes of global economic recovery. New York Fed President John Williams noted the recent inflation surge is likely a temporary phase, while investors are expecting the Fed is going to be relatively slow in tapering its asset purchase program. Japanese shares ended higher, on tracking firm cues from Wall Street overnight, while higher crude oil prices also provided the boost.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,557.41
28.23
0.80

Hang Seng

28,309.76
-179.24
-0.63

Jakarta Composite

6,087.84
91.59
1.53

KLSE Composite

1,574.02

1.78

0.11

Nikkei 225

28,884.13
873.20
3.12

Straits Times

3,109.20
-8.67
-0.28

KOSPI Composite

3,263.88
23.09
0.71

Taiwan Weighted

17,075.55
12.57
0.07


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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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