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Asian markets trade mostly higher in early deals on Tuesday

01 Apr 2025 Evaluate
Asian markets traded mostly higher in early deals on Tuesday, kindled by the technical buying after recent dips. Woes over global trade war ahead to President Donald Trump’s tariff roll-out curtailed hefty position taking. Japan’s Nikkei advanced in the session after the country’s unemployment rate unexpectedly dropped to 2.4% in February, down from 2.5% in the previous month. Hang Seng soared the most among Asian indices, rebounded from a four-week low touched the day before. A private survey showed that factory activity in the mainland grew the most in four months, following Monday's official data that revealed the manufacturing sector expanded at the fastest pace in a year. 

Nikkei 225 up by 45.22 points or 0.13% to 35,662.78, Hang Seng surge by 244.38 points or 1.05% to 23,363.96, KOSPI Index increased by 46.28 points or 1.87% to 2,527.40, Taiwan Weighted lifted by 517.19 points or 2.50% to 21,213.09, and Shanghai Composite added by 19.56 points or 0.58% to 3,355.31.

On the flip side, Straits Times down by 7.85 points or 0.20% to 3,964.58.

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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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