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Asian markets end mostly higher on Wednesday

04 Aug 2021 Evaluate

Asian markets ended mostly higher on Wednesday tracking gains on Wall Street overnight, despite renewed concerns about the rapid spread of the delta variant of the coronavirus globally. Chinese shares rose after the latest survey from Caixin showed the services sector in the country expanded at a faster rate in July. Hong Kong shares jumped even as the private sector in the country expanded at a slower pace in July. However, Japanese shares settled lower after the latest survey from Jibun Bank showed the services sector in the country contracted at a faster rate in July.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,477.22
29.23
0.85

Hang Seng

26,426.55
231.73
0.88

Jakarta Composite

6,159.04
28.47
0.46

KLSE Composite

1,491.33

-8.93

-0.60

Nikkei 225

27,584.08
-57.75
-0.21

Straits Times

3,182.90
33.65
1.07

KOSPI Composite

3,280.38
43.24
1.34

Taiwan Weighted

17,623.89
70.13
0.40



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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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