Asian markets settle mostly higher on Tuesday

13 May 2025 Evaluate

Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight as tensions over the US-China trade deal faded after the United States and China agreed to drastically reduce the massive tariffs on each other's goods for 90 days, following negotiations over the weekend in Switzerland. Meanwhile investors turned their focus to a key US inflation data due later in the day. Chinese markets rose, even as a majority of defense company shares fell sharply following the ceasefire announcement between India and Pakistan. Moreover, Japanese markets gained as a weaker yen spurred exporters such as electronics makers and auto stocks.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,374.87	5.63	0.17
Hang Seng	23,108.27	-441.19	-1.91
Jakarta Composite	--	--	--
KLSE Composite	1,582.39	35.89	2.32
Nikkei 225	38,183.26	539.00	1.41
Straits Times	3,881.05	4.89	0.13
KOSPI Composite	2,608.42	1.09	0.04
Taiwan Weighted	21,330.14	200.60	0.94

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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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