Asian markets recovered from initial losses and ended mixed on Thursday after minutes from the Fed's Open Markets Committee March 21-22 meeting indicated that Fed officials see the U.S. economy entering a ‘mild recession’ by year's end in the wake of the banking crisis. Besides, U.S. inflation rate eased to 5 percent in March, the lowest rise in almost 2 years, but many market participants said they still expect the Fed to raise rates by another quarter point early next month. However, Japanese shares rose modestly to extend gains for a fifth day running on optimism of a recovery in the domestic retail sector. Meanwhile, Shares of embattled Chinese developer Sunac China Holdings sank 53.5 percent in Hong Kong as the stock resumed trade following a suspension of more than a year.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,318.36 | -8.82 | -0.27 |
| Hang Seng | 20,344.48 | 34.62 | 0.17 |
| Jakarta Composite | 6,785.60 | -13.36 | -0.20 |
| KLSE Composite | 1,434.22 | -0.52 | -0.04 |
| Nikkei 225 | 28,156.97 | 74.27 | 0.26 |
| Straits Times | 3,294.54 | 8.42 | 0.26 |
| KOSPI Composite | 2,561.66 | 11.02 | 0.43 |
| Taiwan Weighted | 15,804.76 | -128.21 | -0.81 |
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: