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Asian markets end mostly higher on Tuesday

16 Nov 2021 Evaluate

Asian markets ended mostly higher on Tuesday as a virtual summit between US President Joe Biden and Chinese President Xi Jinping ended with a pledge to improve cooperation. Meanwhile, investors are awaiting speeches of US Federal Reserve officials this week for further clues on interest rates and monetary policy. Hong Kong shares gained as authorities in several mainland provinces appear to have relaxed rules to spur home sales. Japanese shares ended tad higher, but erased most of its early gains amid lack of major market moving cues. However, Chinese shares declined as the country battled its biggest corona-virus outbreak caused by the highly transmissible delta variant.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,521.79
-11.51
-0.33

Hang Seng

25,713.78
322.87
1.27

Jakarta Composite

6,651.21
35.18
0.53

KLSE Composite

1,522.89

0.55

0.04

Nikkei 225

29,808.12
31.32
0.11

Straits Times

3,238.80
-1.78
-0.05

KOSPI Composite

2,997.21
-2.31
-0.08

Taiwan Weighted

17,693.13
58.66
0.33


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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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