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Asian markets settle mostly higher on Wednesday

02 Apr 2025 Evaluate
Asian markets settled mostly higher on Wednesday, even as caution prevailed ahead of the US President Donald Trump's sweeping tariffs announcement expected later in the day. A private report indicated that the White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, however, it noted White House advisers cautioned that several options are on the table and no final decision has been made which kept the investors on edge. Meanwhile, the Indonesian market remained closed for Eid-ul-Fitr holidays.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,350.13

1.69

0.05

Hang Seng

23,202.53

-4.31

-0.02

Jakarta Composite

--

--

--

KLSE Composite

1,526.52

12.87

0.85

Nikkei 225

35,725.87

101.39

0.28

Straits Times

3,954.21

-14.64

-0.37

KOSPI Composite

2,505.86

-15.53

-0.62

Taiwan Weighted

21,298.22

18.05

0.08

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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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