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Asian market end mostly higher on Tuesday

10 Aug 2021 Evaluate

Asian market ended mostly higher on Tuesday ahead of US consumer inflation data due on Wednesday. Japanese shares ended slightly higher as traders returned to their desks after a long holiday weekend, while cheaper yen against the dollar and positive earnings results from Japanese companies too supported market sentiments. Chinese shares rose as more cities embarked on mass testing and local lockdowns to curb Covid-19 spread. However, South Korean shares ended lower on concerns over surging of delta variant of corona-virus cases. More talks of stimulus withdrawal by the US Federal Reserve too weighed sentiments.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,529.93
35.30
1.01

Hang Seng

26,605.62
322.22
1.23

Jakarta Composite

6,088.41
-39.05
-0.64

KLSE Composite

-

-

-

Nikkei 225

27,888.15
68.11
0.24

Straits Times

3,207.36
30.18
0.95

KOSPI Composite

3,243.19
-17.23
-0.53

Taiwan Weighted

17,323.64
-161.51
-0.92


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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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