All the Asian equity indices, barring Jakarta Composite, are trading in fine fettle in Tuesday's morning deals, as a higher finish on Wall Street helped sentiment a day after most regional equities suffered a sell-off, with Japanese stocks extending gains on hopes for further monetary easing under a new central bank chief. Meanwhile, Chinese Shanghai Composite is trading higher by over a percent, recovering from steep fall in last session, as government maintained its economic-growth target at 7.5 percent for 2013, while setting a lower inflation goal of 3.5 percent.
Shanghai Composite surged 25.11 points or 1.10% to 2,298.52, Hang Seng rose 59.25 points or 0.26% to 22,597.06, KLSE Composite jumped 5.59 points or 0.34% to 1,641.57, Nikkei 225 increased 52.98 points or 0.45% to 11,705.27, Straits Times added 9.07 points or 0.28% to 3,249.02, KOSPI Composite moved up 7.84 points or 0.39% to 2,020.99 and Taiwan Weighted was up by 42.91 points or 0.55% to 7,910.25.
On the flip side, Jakarta Composite was down by 3.87 points or 0.08% to 4,757.60.
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: