Asian markets settled mostly higher on Thursday, despite sell-off in technology stocks after shares of Facebook’s parent company Meta dipped more than 20 percent in after-hours trading yesterday after the company reported lower-than-expected earnings in its latest quarterly report. On the data front, investors are awaiting the US Labour Department's January nonfarm payroll report, due out Friday, for direction after the ADP jobs data surprised to the downside. Seoul shares gained as markets reopened from holidays and data showed the South Korea's factory activity grew at the sharpest pace since July last year. However, Japanese shares snapped a four-day rally following weaker Nasdaq futures. Meanwhile, Chinese, Taiwan and Hong Kong markets were closed for the Lunar New Year holiday.
Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | -- | -- | -- |
Hang Seng | -- | -- | -- |
Jakarta Composite | 6,683.85 | -23.80 | -0.35 |
KLSE Composite | 1525.73 | 13.46 | 0.89 |
Nikkei 225 | 27,241.31 | -292.29 | -1.06 |
Straits Times | 3,315.99 | 66.40 | 2.04 |
KOSPI Composite | 2,707.82 | 44.48 | 1.67 |
Taiwan Weighted | -- | -- | -- |
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: