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Most Asian markets end firm on Friday

08 Mar 2013 Evaluate

Most Asian markets ended firm on Friday, following upbeat economic data from the US. However, some markets backed out from higher levels and turned a bit subdued with a part of investors treading cautiously at higher levels. Japan’s Nikkei went home with green mark as the yen continued its downward trend and by fairly encouraging economic reports, which witnessed GDP growth rose at 0.2% in Q4, boosted market sentiments. However, China's Shanghai Composite closed lower, ahead of February inflation data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

 2,318.61

-5.68

-0.24

Hang Seng

23,091.95

320.51

1.41

Jakarta Composite

 4,874.50

26.20

0.54

KLSE Composite

 1,653.96

3.03

0.18

Nikkei 225

12,283.62

315.54

2.64

Straits Times

3,289.53

-9.01

-0.27

KOSPI Composite

2,006.01

1.61

0.08

Taiwan Weighted

 8,015.14  

54.63

 0.69 

About MoneyWorks4Me

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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