Rebounding from their previous session’s steep fall, all the Asian equity indices are trading in the green terrain in the Tuesday’s morning trade, as investors got some boost after Eurogroup decided to give Cyprus more flexibility over a bank levy which is part of the bailout conditions, however investors remained cautious over a bailout plan for Cyprus which was set for a parliamentary vote later in the day. Meanwhile, Japanese Nikkei has taken the lead with a gain of about two percent as exporters gained after the yen weakened against the dollar, boosting their earnings outlook.
Shanghai Composite rose 5.06 points or 0.23% to 2,245.08, Hang Seng jumped 70.52 points or 0.32% to 22,153.88, Jakarta Composite surged 25.35 points or 0.53% to 4,828.17, KLSE Composite increased 3.96 points or 0.24% to 1,625.32, Nikkei 225 zoomed 233.32 points or 1.91% to 12,453.95, Straits Times added 23.11 points or 0.71% to 3,279.58, KOSPI Composite soared 17.25 points or 0.88% to 1,985.43 and Taiwan Weighted was up by 41.22 points or 0.53% to 7,852.56.
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: