The Asian markets concluded Friday’s trade in green with Chinese shares outperformed the region, as a week-long spike in interbank lending rates settled, easing concerns about the health of China’s financial system. China’s economy could approach $21 trillion over the next eight or nine years, nearing the size of that of the US, even as growth is expected to slow to around 6% from about 7.5% currently, according to a major Chinese research institute. Thailand Industrial Production fell to a seasonally adjusted -10.6%, from -4.0% in the preceding month.
Japan’s retail activity accelerated in November, while industrial production inched up just slightly. Retail sales rose 4% from a year earlier, picking up their pace from October’s revised 2.4% rise, while large retailers saw their same-store sales grow by an annual 0.6%, swinging from a 0.1% decline the previous month. Industrial output, meanwhile, ticked up by a seasonally adjusted 0.1% during November, slowing sharply from October’s 1% rise. Still, a survey of manufacturers included in the monthly data set showed expectations for December’s result to climb 2.8%, while January’s result was tipped to surge 4.6%.
Japan moved a bit closer to its inflation goal in November, with data showing a 1.2% rise for the core consumer price index from a year earlier. It was also higher than the 0.9% increase in October. That marked the sixth straight month of price rises and brought the country closer to the 2% inflation target pledged by the government and the Bank of Japan.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2101.25 | 28.15 | 1.36 |
Hang Seng | 23243.24 | 63.69 | 0.27 |
Jakarta Composite | 4212.98 | 10.15 | 0.24 |
KLSE Composite | 1861.06 | 16.96 | 0.92 |
Nikkei 225 | 16178.94 | 4.50 | 0.03 |
Straits Times | 3149.76 | 15.40 | 0.49 |
KOSPI Composite | 2002.28 | 2.98 | 0.15 |
Taiwan Weighted | 8535.04 | 49.15 | 0.58 |
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: