All the Asian equity indices are trading in the green in Thursday’s morning session, tracking overnight gains on Wall Street after investors shrugged off the less dovish Fed minutes of meeting. Hopes for Japanese central-bank easing too lifted the sentiment, while Chinese stocks climbed after a boost in bank lending and expectations for lower corporate taxes. However, South Korea’s Kospi traded flat in the early deals after the Bank of Korea surprised markets by refraining from a widely expected interest-rate cut.
Shanghai Composite rose 3.02 points or 0.14% to 2,229.15, Hang Seng surged 185.98 points or 0.84% to 22,220.54, Jakarta Composite increased 27.02 points or 0.55% to 4,904.50, KLSE Composite jumped 10.49 points or 0.62% to 1,706.69, Nikkei 225 soared 147.63 points or 1.11% to 13,435.76, Straits Times strengthened 13.69 points or 0.42% to 3,306.94, KOSPI Composite added 0.76 points or 0.04% to 1,936.34 and Taiwan Weighted was up by 79.89 points or 1.03% to 7,832.69.
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: