Asian stock markets end mostly higher

17 Apr 2013 Evaluate

Asian stock markets ended mostly higher on Wednesday, as sentiments were boosted by positive American corporate earnings and data supporting the case for ongoing US monetary stimulus. Japanese market went home with green mark supported by rise in value of dollar and euro against yen. South Korea's market closed marginally higher as tensions still lingered on the Korean Peninsula. Regional stocks recovered but closed lower after two days of volatile trading because of Monday's weaker-than-expected Chinese growth data and a sharp drop in the price of gold.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,193.80	-1.05	-0.05
Hang Seng	21,569.67	-102.36	-0.47
Jakarta Composite	4,998.65	53.40	1.08
KLSE Composite	1,710.97	10.44	0.61
Nikkei 225	13,382.89	161.45	1.22
Straits Times	3,291.46	-0.12	-
KOSPI Composite	1,923.84	1.63	0.08
Taiwan Weighted	7,809.07	8.02	0.10

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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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