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Asian markets trade mostly in green on Monday

25 Feb 2013 Evaluate

Most of the Asian equity indices were exhibiting positive trend on Monday’s morning deals with investors still picking up shares battered by last week’s steep plunge. The Japanese market gained the most amongst other regional peers as investors cheered reports that the choice of Japan’s prime minister to take over as the new head of the central bank was in favour of aggressive easing, while the pound sat around multi-year lows after Britain lost its AAA credit rating.

Shanghai Composite rose 6.96 points or 0.30% to 2,321.12, Hang Seng increased marginally by 1.27 points or 0.01% to 22,783.71, Jakarta Composite jumped 22.54 points or 0.48% to 4,673.66, KLSE Composite added 3.38 points or 0.21% to 1,625.46, Nikkei 225 surged 194.20 points or 1.71% to 11,580.14 and Straits Times was up by 1.54 points or 0.05% to 3,289.67.

On the flip side, KOSPI Composite dipped 3.15 points or 0.16% to 2,015.74 and Taiwan Weighted was up by 12.08 points or 0.15% to 7,974.81.

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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