The Asian markets ended mixed on Monday after US jobs data indicated the Federal Reserve would likely have to hike interest rates again but soothed recent worries about a possible recession. Investors remained on sidelines ahead of the release of inflation figures later this week, which will play a crucial role in the Fed’s decision-making when it meets early next month. Traders also looked ahead to the 2023 Spring Meetings of the World Bank and the International Monetary Fund taking place in Washington D.C. this week for direction. Chinese share markets fluctuated before ending lower due to dramatic escalation in China-Taiwan tensions. After Beijing started a three-day ‘combat readiness patrol’, the Taiwanese Defense Ministry claimed it had detected as many as 70 Chinese military aircraft and 11 PLAN vessels around Taiwan. However, Japanese shares advanced as investors awaited Kazuo Ueda's first news conference as BOJ Governor later in the day. Meanwhile, Hong Kong market was closed for Easter holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,315.36 | -12.29 | -0.37 |
| Hang Seng | -- | -- | -- |
| Jakarta Composite | 6,771.24 | -21.53 | -0.32 |
| KLSE Composite | 1,428.13 | 1.09 | 0.08 |
| Nikkei 225 | 27,633.66 | 115.35 | 0.42 |
| Straits Times | 3,294.43 | -6.05 | -0.18 |
| KOSPI Composite | 2,512.08 | 21.67 | 0.86 |
| Taiwan Weighted | 15,876.17 | 39.67 | 0.25 |
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: