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Asian markets settled mostly higher on Wednesday

25 Jan 2023 Evaluate
Asian markets settled mostly higher on Wednesday, despite thin trading volumes as markets in Taiwan, China and Hong Kong were remained closed for the Lunar New Year celebrations. Sentiments improved further, backed by easing recession fears and expectations of a less aggressive interest rate hikes from the US Federal Reserve. Although, a slew of disappointing US earnings reports and hotter-than-expected inflation data in Australia, capped further gains in Asian market equities.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

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Hang Seng

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Jakarta Composite

6,829.93

-30.92-0.45

KLSE Composite

1,499.45

-0.88-0.06

Nikkei 225

27,395.01

95.820.35

Straits Times

3,352.7759.061.76

KOSPI Composite

2,428.57

33.311.37

Taiwan Weighted

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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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