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Asian markets end mostly higher on Tuesday

19 Oct 2021 Evaluate

Asian markets ended mostly higher on Tuesday despite disappointing data from China and the United States. Data showed the Chinese economy grew by 4.9% in the third quarter, falling short of expectations. Japanese shares boosted up by heavyweight technology stocks in spite of concerns prevailed ahead of the domestic earnings season starting next week. Seoul shares gained as South Korea's new corona-virus cases stayed below 2,000 for the 11th straight day amid progress in vaccinations. Meanwhile, markets in Malaysia were closed for the Prophet Muhammad’s birthday celebration.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,593.15
25.01
0.70

Hang Seng

25,787.21
377.46
1.49

Jakarta Composite

6,656.00
-2.77
-0.04

KLSE Composite

-

-

-

Nikkei 225

29,215.52
190.06
0.65

Straits Times

3,199.01
25.19
0.79

KOSPI Composite

3,029.04
22.36
0.74

Taiwan Weighted

16,900.67
195.21
1.17


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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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