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Asian markets end mostly higher on Wednesday

08 May 2013 Evaluate

Asian markets ended mostly higher after touching nearly two-year high on Wednesday, as strong Chinese trade data added to positive sentiments of record highs in global equities overnight. Chinese shares closed higher, as exports and imports in the world's number two economy were up 14.7% and 16.8% respectively in April. Hong Kong market went home with green mark, with banking heavyweight HSBC Holdings PLC leading gains after reporting strong earnings. 

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,246.30

10.73

0.48

Hang Seng

23,244.35

197.26

0.86

Jakarta Composite

5,089.33

46.55

0.92

KLSE Composite

 1,774.00

-2.73

-0.15

Nikkei 225

14,285.69

105.45

0.74

Straits Times

3,413.02

29.86

0.88

KOSPI Composite

1,956.45

2.10

0.11

Taiwan Weighted

8,267.09

104.03

1.27

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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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