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Asian markets trade mostly higher in early deals on Thursday

06 Feb 2025 Evaluate
Asian markets traded mostly higher in early deals on Thursday, with the risk appetite in the market after amicable measures from both the US and China, eased woes over global trade war. Slide in Treasury bond yield notes, disappointing tech earnings and rekindled optimism over more interest rate cuts after dip in US job openings, also kindled equity investments. Japan’s Nikkei advanced for the third consecutive session in line with positive Wall Street overnight. 

Nikkei 225 up by 174.77 points 0.45% to 39,006.25, Straits Times rose by 17.48 points 0.46% 3,832.85, Hang Seng jumped by 58.85 points 0.29% to 20,655.94, Taiwan Weighted added by 131.30 points 0.57% to 23,292.88, KOSPI Index increased by 22.12 points or 0.88% to $ 2,531.39, Shanghai Composite dipped by 24.63 points or 0.76% to 3,254.12, and FTSE Bursa Malaysia KLCI added by 1.43 points or 0.09% to 1,575.94.

On the flip side, Jakarta Composite shrunk by 112.05 points or 1.60% to 6,912.18.

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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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