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Asian market settle mostly higher on Friday

27 Oct 2023 Evaluate
Asian markets settled mostly higher on Friday, rebounded by the technical buying after previous sessional corrections. Market risk appetite boosted after technological sector stocks advanced in global markets and on reports of easing concerns of a wider conflict in Middle East. Hang Seng surged the most among Asian indices today, registering 1.32% gain for the week. Buyback proposal by bellwether Chinese companies and rise in industrial profits also bolstered investor confidence.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,017.78

29.48

0.98

Hang Seng

17,398.73

354.12

2.04

Jakarta Composite

6,758.79

44.27

0.65

KLSE Composite

1,441.90

1.30

0.09

Nikkei 225

30,991.69

389.91

1.26

Straits Times

3,061.85

-9.46

-0.31

KOSPI Composite

2,302.81

3.73

0.16

Taiwan Weighted

16,134.61

60.87

0.38






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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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