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Asian stock markets end mostly higher

20 May 2013 Evaluate

Asian stock markets ended mostly higher on Monday, following positive cues from Wall Street where upbeat US economic data and comments from a Federal Reserve official boosted investors sentiment. However, the South Korean stock market went home with red mark on geopolitical concerns. The Japanese stock market closed higher after touching a new five-and-a-half year high, on the back of a weaker yen. Meanwhile, Hong Kong market ended higher with property developers’ gains, which were among the leading gainers following the home prices data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,299.99

17.12

0.75

Hang Seng

23,493.03

410.35

1.78

Jakarta Composite

5,214.98

69.29

1.35

KLSE Composite

 1,777.15

7.99

0.45

Nikkei 225

15,360.81

222.69

1.47

Straits Times

3,454.23

4.93

0.14

KOSPI Composite

1,982.43

-4.38

-0.22

Taiwan Weighted

8,377.05

8.86

0.11

About MoneyWorks4Me

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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