Most of the Asian Markets traded higher in early deals of Thursday, due to some technical buying after previous sessional losses and in tandem with the gains in Wall street overnight. Investor sentiments boosted with the better-than-expected producer prices data. However, investments remained trimmed amid woes over persisting inflation and tighter policy stance of global central banks. Japan’s Nikkei rebounded from previous sessional loss in line with the positive global trend. Meanwhile, larger-than-expected trade deficit of Japan in August with the surging imports amid high energy costs and a weaker yen, spurred fears on economic health of the country. While, Hanseng advanced in the session after marking a 6-month low level in last trade
Nikkei 225 up by 64.09 points or 0.23% to 27,882.71, Straight times climbed 14.45 points or 0.44% to 3,272.47, Hang Seng increased by 87.40 points 0.46% to 18,934.50, Taiwan higher by 35.51 points or 0.24% to 14,693.82, Jakarta Composite jumped by 85.34 points or 1.17% to 7,363.42, and FTSE Bursa Malaysia KLCI added by 0.12 points or 1.76% to 1,470.20.
On flip side, KOSPI down by 3.98 points or 0.17% to 2,407.44, Shanghai narrowed by 32.66 points or 1.01% to 3,204.88.
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: