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Asian markets settle mostly higher on Tuesday

25 Jul 2023 Evaluate
Asian markets settled mostly higher on Tuesday after news that Chinese policymakers are looking to bolster growth in the world's second-largest economy by supporting real estate and other sectors. Seoul shares gained after data showed GDP grew more than expected in the second quarter. Although, Japanese shares declined marginally with caution ahead of central bank meetings this week. The US Federal Reserve is widely expected to hike rates by 25 basis points (bps) at the conclusion of a two-day meeting this Wednesday. 

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,231.52

67.36

2.08

Hang Seng

19,434.40

766.25

3.94

Jakarta Composite

6,917.71

18.31

0.26

KLSE Composite

1,436.79

12.10

0.85

Nikkei 225

32,682.51

-18.43

-0.06

Straits Times

3,286.16

21.02

0.64

KOSPI Composite

2,636.46

7.93

0.30

Taiwan Weighted

17,198.89

165.28

0.96


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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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