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Asian markets settle mostly higher on Thursday

30 Mar 2023 Evaluate
Asian markets settled mostly higher on Thursday, tracking strong move of Wall Street shares overnight following easing turmoil in the global financial market. Chinese and Hong Kong shares gained ahead of an expected meeting between Taiwan's President Tsai Ing-wen and US House Speaker Kevin McCarthy. Meanwhile, investors are awaiting Chinese official purchasing managers' index (PMI) for March, due on Friday. However, escalating tensions between China and the United States limited further gains in Asian equities.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,261.2521.190.65

Hang Seng

20,309.13116.730.57

Jakarta Composite

6,808.95-30.49-0.45

KLSE Composite

1,424.61

4.260.30

Nikkei 225

27,782.93-100.85-0.36

Straits Times

3,257.18-5.36-0.16

KOSPI Composite

2,453.16

9.240.38

Taiwan Weighted

15,849.4379.670.50

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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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