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Asian markets settle mostly higher on Thursday

29 Jul 2021 Evaluate

Asian markets settled mostly higher on Thursday. South Korean shares ended higher with optimism for strong corporate earnings. Japanese shares rose as the US Federal Reserve hinted at progress on tapering talks but gave no timeline, however some gains were capped on cautious over recent record Covid-19 infections in the capital. Moreover, China and Hong Kong shares gained as authorities stepped up efforts to calm frayed investor nerves after a market rout.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,411.72
50.13
1.49

Hang Seng

26,315.32
841.44
3.30

Jakarta Composite

6,120.73
32.21
0.53

KLSE Composite

1,512.93

-2.46

-0.16

Nikkei 225

27,782.42
200.76
0.73

Straits Times

3,180.61
38.86
1.24

KOSPI Composite

3,242.65
5.79
0.18

Taiwan Weighted

17,402.81
267.59
1.56


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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