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Asian markets end higher amid slightly easing worries about inflation

10 Mar 2022 Evaluate

Asian markets ended higher on Thursday amid slightly easing worries about inflation following a drop in commodity prices. Traders were also picking up stocks at a bargain after the recent sell-off due to the escalation in the Russia-Ukraine conflict and stringent sanctions imposed on Russia. Traders also remained optimistic amid ongoing talks to diffuse the Russia-Ukraine crisis, with Ukraine President Volodymyr Zelensky no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia's stated reasons for invading its pro-Western neighbour. Chinese markets ended higher after Ukraine said it is ready to make reasonable concessions to end the war.

Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,296.09

39.70

1.22

Hang Seng

20,890.26

262.55

1.27

Jakarta Composite

6,924.01

59.57

0.87

KLSE Composite

1,580.53

18.20

1.16

Nikkei 225

25,690.40

972.87

3.94

Straits Times

3,240.73

45.35

1.42

KOSPI Composite

2,680.32

57.92

2.21

Taiwan Weighted

17,433.20

417.84

2.46


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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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