Asian equity markets end mostly up; Japanese stocks hits highest level in over 5-year

10 May 2013 Evaluate

Asian equity markets ended mostly up with Japanese stocks jumped to their highest level in over five years after the dollar surged above the 100 yen mark and US jobs data boosted sentiment. Bucking the trend Seoul market closed lower amid worries among South Korean automakers about the weak yen cheapening Japan's exports. Chinese market ended higher as heavyweight bank and real estate stocks gained on expected solid profit growth. Hong Kong shares finished trade on firm note, following impressive gains of other bourses.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,246.83	13.86	0.62
Hang Seng	23,321.22	109.74	0.47
Jakarta Composite	5,105.94	16.60	0.33
KLSE Composite	1,772.38	6.31	0.36
Nikkei 225	14,607.54	416.06	2.93
Straits Times	3,443.77	10.99	0.32
KOSPI Composite	1,944.75	-34.70	-1.75
Taiwan Weighted	8,280.26	-5.63	-0.07

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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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