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Asian markets trade mostly lower in early deals on Tuesday

22 Apr 2025 Evaluate
Asian markets traded mostly lower in early deals on Tuesday, pressured by the risk aversion in the market ahead of updates on US President Donald Trump's trade negotiations. Investor sentiments dulled by fresh tensions as China warned about retaliation against countries that strike trade deals with the US that undermine its interests. Meanwhile, the People’s Bank of China (PBoC) kept its benchmark lending rates unchanged for a sixth straight month Monday, in line with expectations. Japan’s Nikkei tumbled in line with the negative cues from Wall Street overnight and on dip in foreign investments with the stronger local currency yen.

Nikkei 225 down by 52.00 points or 0.15% to 34,227.92, Hang Seng dipped by 7.75 points 0.04% to 21,387.39, Taiwan Weighted tumble by 212.75 points or 1.11% to 18,893.45, KOSPI Index decreased by 2.01 points or 0.08% to 2,486.41, and FTSE Bursa Malaysia KLCI narrowed by 13.93 points or 0.93% to 1,485.54.

On the flip side, Straits Times soars by 45.93 points or 1.22% to 3,805.15, Jakarta Composite up by 60.19 points or 0.93% to 6,506.16, and Shanghai Composite rose by 10.16 points or 0.31% to 3,301.59.

About MoneyWorks4Me

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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