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Asian markets settle mixed on Friday

01 Dec 2023 Evaluate
Asian markets settled mixed on Friday amidst Wall Street’s mixed performance overnight. Chinese shares gained marginally after China's Caixin Manufacturing PMI unexpectedly expanded to 50.7 in November against October's contraction of 49.5. However, Japanese shares declined after the release of disappointing manufacturing data. The final au Jibun Bank Japan manufacturing PMI declined to 48.3 last month, a slight decrease from October’s 48.7 but marginally better than the initial reading of 48.1.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,031.64

1.97

0.06

Hang Seng

16,830.30

-212.58

-1.26

Jakarta Composite

7,059.91

-20.83

-0.30

KLSE Composite

1,456.38

3.64

0.25

Nikkei 225

33,431.51

-55.38

-0.17

Straits Times

3,090.31

17.32

0.56

KOSPI Composite

2,505.01

-30.28

-1.21

Taiwan Weighted

17,438.35

4.50

0.03



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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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