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Snapping earlier session’s fall Asian markets end mostly higher

19 Mar 2013 Evaluate

Asian markets recovered from earlier session’s steep falls and ended mostly higher on Monday. However, investors remained cautious ahead of US Federal Reserve's two-day policy-setting meeting starting on Wednesday and the change of leadership at the Bank of Japan this week. Japan's Nikkei went home with strong gains snapping previous sessions’ losses, as Japanese tech exporters benefited from the dollar’s rebound against the yen. Chinese mainland market closed higher, with gains from the volatile property sector, while South Korean market ended in green zone with gains in heavyweight consumer-electronics producer Samsung Electronics’ shares.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

 2,257.43

17.42

0.78

Hang Seng

22,041.86

-41.50

-0.19

Jakarta Composite

4,822.63

19.80

0.41

KLSE Composite

 1,625.46

4.10

0.25

Nikkei 225

12,468.23

247.60

2.03

Straits Times

3,269.13

12.66

0.39

KOSPI Composite

1,978.56

10.38

0.53

Taiwan Weighted

7,838.47

27.13

0.35

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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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