Asian markets end mostly higher on strong US jobs data

10 Jun 2013 Evaluate

Asian markets ended mostly higher on Monday as US jobs data helped allay concern that the Fed might wind down its stimulus. Japan’s Nikkei went home with strong gains following recent losses after its Prime Minister promised new tax cuts. Moreover, Japan revised its growth data for the January-to-March period to 4.1% in annualized terms, higher than the 3.5% growth initially reported. Hong Kong shares closed higher on Monday, with banks leading the way.

Markets in China are closed through Wednesday for the Dragon Boat Festival holiday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	-	-	-
Hang Seng	21,615.09	39.83	0.18
Jakarta Composite	4,777.37	-87.96	-1.81
KLSE Composite	1,787.80	12.21	0.69
Nikkei 225	13,514.20	636.67	4.94
Straits Times	3,200.51	15.79	0.50
KOSPI Composite	1,932.70	8.85	0.46
Taiwan Weighted	8,160.55	65.35	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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