Asian markets end mostly higher on Friday

14 Jun 2013 Evaluate

Asian markets rebounded from earlier sessions’ of losses and ended mostly higher as eased worries about the Federal Reserve’s monetary policy and an improvement in US economic data sparked relief buying across the region. Japan’s Nikkei shut the shop with strong gains as Japan's cabinet rubber-stamped a set of measures to boost economic growth that so far have failed to impress markets. Chinese market went home with green mark, after falling nearly three per cent on Thursday as dealers returned from a three-day holiday to another batch of weak domestic economic data. However, shares in Taiwan closed lower as investors pocketed gains posted earlier in the session on continued worries over the future of the United States' quantitative easing program.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,162.04	13.69	0.64
Hang Seng	20,969.14	82.10	0.39
Jakarta Composite	4,760.74	153.08	3.32
KLSE Composite	1,762.19	19.32	1.11
Nikkei 225	12,686.52	241.14	1.94
Straits Times	3,161.43	30.74	0.98
KOSPI Composite	1,889.24	6.51	0.35
Taiwan Weighted	7,937.74	-13.92	-0.18

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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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