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Asian markets end mostly higher on Thursday

17 Feb 2022 Evaluate
Most of the Asian markets ended higher on Thursday as the dovish Fed minutes spurred more investments in to the market. Reaffirmation of Russian military troops retreating from Ukraine border also boosted investor confidence. Japan’s Nikkei ended lower followed by the sluggish export data for January month and as the adjusted trade balance marked further into deficit for the month. Moreover, accelerating domestic coronavirus infections also saddled the market. Shanghai stocks advanced on larger international investments and on anticipations over further monetary stimulus by People's Bank of China. Meanwhile, China's factory-gate inflation eased to its slowest pace in six months.

Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,468.042.210.06

Hang Seng

24,792.7773.870.30

Jakarta Composite

6,835.12-15.08-0.22

KLSE Composite

1,605.021.820.11

Nikkei 225

27,232.87-227.53-0.83

Straits Times

3,441.572.270.07

KOSPI Composite

2,744.0914.410.53

Taiwan Weighted

18,268.5737.100.20


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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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