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Asian markets trade mostly higher in early deals on Tuesday

18 Mar 2025 Evaluate
Asian markets traded mostly higher in early deals on Tuesday, supported by the positive Wallstreet overnight, supportive government policies, and positive economic data. Investor sentiments bolstered after China introduced a special action plan aimed at boosting consumer spending and stabilizing the stock and real estate markets. US-listed Chinese stocks surged overnight on renewed optimism. Meanwhile, investors awaited key economic indicators, including producer inflation, industrial output, and retail figures from South Korea. Consumers, financials, and property sector stocks led gains in the indices. Hong Kong soared the most among Asian indices as the market keenly eyed on upcoming tech earnings, including Xiaomi Corp. later today.  Malaysia is closed for Nuzul Al'Quran holiday.

Nikkei 225 surged by 537.05 points or 1.44% to 37,933.57, Straits Times rose by 39.48 points or 1.02% to 3,898.84, Hang Seng soared by 435.21 points or 1.77% to 24,580.78, Taiwan Weighted up by 126.64 points or 0.57% to 22,245.27, KOSPI Index increased by 1.24 points or 0.05% to 2,611.93 and Shanghai Composite added by 3.23 points or 0.09% to 3,429.36.

On the flip side, Jakarta Composite slipped by 325.04 points or 5.29% to 6,146.91.

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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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