Asian stock markets end mostly higher

15 May 2013 Evaluate

Asian stock markets ended mostly higher on Wednesday with Japanese market touching highest level since December 2007 with a weak yen buoying up sentiment. Hong Kong market went home with green mark, rebounding from its biggest two-day drop in a month, but investors were mainly focused on a handful of stocks on hopes of an earnings turnaround. Chinese market ended higher on Wednesday supported by strength in telecom equipment suppliers. Seoul market closed almost flat after moving in a narrow range, as investors adopted a cautious stance amid a lack of market momentum and lingering concerns over the yen's slide.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,224.80	7.79	0.35
Hang Seng	23,044.24	113.96	0.50
Jakarta Composite	5,089.88	7.94	0.16
KLSE Composite	1,783.03	-5.40	-0.30
Nikkei 225	15,096.03	337.61	2.29
Straits Times	3,441.53	8.77	0.26
KOSPI Composite	1,971.26	2.43	0.12
Taiwan Weighted	8,318.59	66.77	0.81

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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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