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Asian markets end mostly higher on Wednesday

30 Nov 2022 Evaluate
Asian markets ended mostly higher on Wednesday ahead of US Federal Reserve Chair Jerome Powell's speech later in the day for interest-rate clues. Chinese shares rose marginally with expectations that China will eventually relax Covid-19 restrictions and reopen its economy, despite disappointing factory and services sector data. Although, Japanese shares declined following a mixed Wall Street overnight and after data showed industrial production in Japan shrank more than expected in October. 

Asian Indices

Last Trade               

Change in Points

Change in %   

Shanghai Composite

3,151.341.590.05

Hang Seng

18,597.23392.552.16

Jakarta Composite

7,081.3169.240.99

KLSE Composite

1,488.8011.840.80

Nikkei 225

27,968.99-58.85-0.21

Straits Times

3,290.4914.130.43

KOSPI Composite

2,472.5339.141.61

Taiwan Weighted

14,879.55169.911.16

About MoneyWorks4Me

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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