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Asian markets settle mostly higher on Friday

14 Jul 2023 Evaluate
Asian markets settled mostly higher on Friday amid signs of easing inflation in the United States with expectations that the Federal Reserve’s monetary tightening cycle is nearing an end. Moreover, Wall Street’s overnight gains and hopes of more stimulus measures for China's property sector also supporting market sentiments. Chinese shares ended almost flat with positive momentum as investors turned their focus on China's GDP data due next week. However, Japanese shares declined marginally as the yen rallied for a seventh day amid talks that the Bank of Japan (BOJ) would tweak its monetary policy later this month. 

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,237.70

1.22

0.04

Hang Seng

19,413.78

63.16

0.33

Jakarta Composite

6,869.57

59.36

0.86

KLSE Composite

1,412.09

15.86

1.14

Nikkei 225

32,391.26

-28.07

-0.09

Straits Times

3,248.63

10.17

0.31

KOSPI Composite

2,628.30

37.07

1.41

Taiwan Weighted

17,283.71

222.31

1.29



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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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