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Asian markets trade mostly higher in early deals on Tuesday

24 Jun 2025 Evaluate
Asian markets traded mostly higher in early deals on Tuesday, kindled by the risk appetite in the market following the announcement of a ceasefire between Israel and Iran. Oil prices fell sharply with the easing concerns over a wider disruption to global oil supplies. Investor sentiments got buoyed by the reports of potential tariff reductions between the US and China. Favourable economic data from the region also lifted the market confidence. Hang Seng advanced for the third straight session and marked a one-week high. 

Nikkei 225 surged by 447.71 points or 1.17% to 38,801.80, Hang Seng up by 461.42 points 1.91% to 24,150.55, Straits Times rose by 18.98 points 0.49% to 3,898.24, KOSPI Index increased by 82.62 points or 2.74 % to 3,097.09, Taiwan Weighted lifted by 396.51 points 1.82% to 22,128.53, Jakarta Composite buoyed by 74.93 points or 1.10% to 6,862.07, and Shanghai Composite supported by 33.87 points or 0.99% to 3,415.45

On the flip side, and FTSE Bursa Malaysia KLCI lower 0.37 points or 0.02% to 1,516.24.

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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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