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Asian markets trade mostly higher in early deals on Monday

20 Jan 2025 Evaluate
Most of the Asian markets traded higher in early deals on Monday, supported by the rekindled hopes over continued interest rate cuts by Federal Reserve after softer-than-expected US. inflation data last week. Easing tensions in the Middle East also buoyed investor sentiments. Meanwhile, investors prepared for Donald Trump’s inauguration and braced for the impact of his potential policies. Japan’s Nikkei soared in the session after upbeat core machinery orders signalling a recovery in capital expenditure ahead of a central bank interest rate review later this week. Hang Seng surged the most among Asian indices marking fifth straight gain session amidst optimism after positive conversation between Donald Trump and Chinese leader Xi Jinping.

Nikkei 225 surge by 457.82 points 1.19% to 38,909.28, Hang Seng advanced by 457.03 points 2.33% to 20,041.09, Jakarta Composite climbed by 28.45 points or 0.40% to 7,183.11, Taiwan Weighted added by 120.26 points 0.52% to 23,268.34, KOSPI Index increased by 1.75 points or 0.07% to 2,525.30, Shanghai Composite lifted by 15.42 points or 0.47% to 3,257.24 and FTSE Bursa Malaysia KLCI enlarged by 2.31 points or 0.15% to 1,569.03.

On the flip side, Straits Times down by 2.62 points 0.07% to 3,808.16.

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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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