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Asian markets end mostly higher; Nikkei witnesses rally

22 Apr 2013 Evaluate

Asian markets ended mostly higher on Monday, with Japan’s Nikkei closing with firm gains after a meeting of global finance leaders lent support to Japan’s aggressive monetary policy, which has driven the value of the yen down by more than 20% against the dollar since October. Shanghai Composite closed lower snapping earlier gains amid concerns about China’s economic growth trajectory. Hang Seng went home with green mark after swinging between modest gains and losses, with insurance providers coming under pressure, following the deadly earthquake that struck the Sichuan province.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,242.17

-2.47

-0.11

Hang Seng

22,044.37

30.80

0.14

Jakarta Composite

4,996.92

-1.54

-0.03

KLSE Composite

 1,706.68

0.42

0.02

Nikkei 225

13,568.37

251.89

1.89

Straits Times

3,308.92

14.87

0.45

KOSPI Composite

1,926.31

19.56

1.03

Taiwan Weighted

7,970.38

39.58

0.50

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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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