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Asian markets finish mostly in green on Tuesday

23 Apr 2024 Evaluate
Asian markets finished mostly in green on Tuesday, on increased risk appetite in the market followed by fading Middle east tensions and on mirroring tech sector stock rally with its peers on Wallstreet overnight. Supportive measures by Chinese government to stem the ailing economy and the latest better than expected Q1 GDP data buoyed investor sentiments. Bargain hunting ahead to corporate earnings results from major corporates also aided the positive trend. Nikkei advanced with the softer local currency yen and continued accommodative monetary settings by BoJ.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,021.98

-22.62

-0.75

Hang Seng

16,828.93

317.24

1.89

Jakarta Composite

7,110.81

36.99

0.52

KLSE Composite

1,561.64

2.05

0.13

Nikkei 225

37,552.16

113.55

0.30

Straits Times

3,272.72

47.55

1.45

KOSPI Composite

2,623.02

-6.42

-0.24

Taiwan Weighted

19,599.28

188.06

0.96

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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