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Asian markets trade mixed in early deals on Tuesday

24 Jan 2023 Evaluate
Asian markets traded mixed in early deals on Tuesday, amid lack of strong cues in a thin holiday trade. Stock markets of Singapore, Hong Kong, Taiwan, South Korea, Indonesia, China and Malaysia are closed for Lunar holidays. Nikkei advanced modestly marking third straight sessional gain tracking bullish Wall Street overnight amid expectations of Federal Reserve slowing the interest rate hikes. While, Jakarta dipped on profit taking at prevailing levels.

Nikkei 225 up by 450.48 points or 1.65% to 27,356.52. Bucking the trend, Jakarta Composite dipped by 29.53 points or 0.43% to 6,845.40.

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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