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Asian markets went home with good gain

28 Feb 2013 Evaluate

Tracking Wall Street’s rally, Asian markets went home with strong gains, as head of European Central Bank consoled worries over the euro zone. Japan’s Nikkei ended higher as the yen sank on confirmation that Japan's government had put forward Haruhiko Kuroda to take over at the Bank of Japan. Chinese markets too closed higher, while the Hang Seng also ended in positive territory. However, bucking the trend, Indian equity markets missed the broad uptrend and slid lower on proposal of  higher taxes on wealthy individuals in his annual budget.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

 2,365.59

52.37

2.26

Hang Seng

23,020.27

443.26

1.96

Jakarta Composite

 4,795.79

79.37

1.68

KLSE Composite

 1,637.63

13.49

0.83

  Nikkei 225

11,559.36

305.39

2.71

Straits Times

3,269.95

8.83

0.27

KOSPI Composite

2,026.49

22.45

1.12

Taiwan Weighted

-

-

  - 

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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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