Asian markets end firm on positive Japanese data

28 Jun 2013 Evaluate

Asian markets ended on a firm note following an enthusiastic lead from Wall Street, where Fed quantitative easing (QE) fears eased further. Japan’s Nikkei closed higher after touching a three-week high on the back of higher-than-expected industrial output growth in May. Shanghai market too ended in positive territory after choppy trade, supported by comments from the head of the People's Bank of China that it would adjust liquidity to ensure stability as financial markets suffer a credit squeeze.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	1,979.21	29.19	1.50
Hang Seng	20,803.29	363.21	1.78
Jakarta Composite	4,818.90	143.15	3.06
KLSE Composite	1,773.54	21.97	1.25
Nikkei 225	13,677.32	463.77	3.51
Straits Times	3,150.44	32.41	1.04
KOSPI Composite	1,863.32	28.62	1.56
Taiwan Weighted	8,062.21	178.31	2.26

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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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