“Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
We all put in the effort to improve our financial well-being, whether it’s through a job, business, or some other pursuit. But let’s be honest—are the earnings from our main gig really enough to satisfy that never-ending list of desires? For most of us, the answer is probably no. That’s why it’s smart to put a slice of our money into some top performing stocks worldwide to grow our wealth. Probably thinking, what stocks could these be? Well, don’t worry! In this guide, we will enlist some of the best performing stocks in Asia to buy in 2024.
Why Focus On Asian Stock Markets?
Asia is home to some of the world’s biggest and fastest-growing economies, making it a major player in global growth. With 60% of the world’s population living here, countries like China, Japan, and India often steal the spotlight. But don’t overlook top-performing markets like Vietnam, Indonesia, and the Philippines—they’re climbing the ranks fast.
For investors like ourselves, Asian stock markets offer exciting opportunities, with some of the best performing stocks making headlines quite often. However, the region’s complexity and challenges mean that finding top performing stocks requires more than passive investing. But, for those who are up for it, the rewards in Asian stock markets can be significant.
What are the Main Asian Stock Markets?
Not every Asian stock market is strong enough to support the kind of growth you are looking for. That is why we have funnelled down four main stock markets to invest in:
Tokyo Stock Exchange
Let’s begin with the Tokyo Stock Exchange (TSE), one of the largest global stock markets. It is home to Japan’s top performing stocks of companies like Toyota, Sony, and SoftBank. TSE offers some of the best performing stocks of tech and automotive sectors, offering both growth and stability in the global market. The TSE operates efficiently, with a mix of both traditional and emerging industries, making it a hub for those seeking dynamic investment opportunities in Asia.
The Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is China’s largest stock market, known for its state-owned giants and rapid growth sectors. Chinese stock markets offer some of the top performing stocks in industries like tech, finance, and energy. Its unique “A-shares” allow domestic companies to thrive while attracting international attention, making the SSE a gateway for those wanting exposure to China’s booming economy.
The Hong Kong Stock Exchange
The Hong Kong Stock Exchange (HKEX) serves as a critical bridge between China and the rest of the world. It features a broad selection of top performing stocks from sectors like finance, real estate, and tech. With a mix of Chinese mainland and international companies, it’s a hotspot for those looking to diversify and tap into fast-growing Asian markets.
Bombay Stock Exchange (BSE)
Let’s move on to our last market on the list, The Bombay Stock Exchange (BSE). It is the oldest stock exchange in Asia and plays a vital role in India’s rapidly expanding economy. Known for listing top performing stocks in sectors like IT, banking, and energy, BSE also offers investors access to some of the best performing stocks in emerging markets. BSE is a key player for those seeking growth in the world’s fastest-growing major economy, especially as India expands its global footprint.
List Of Top Performing Stocks in Asia
The list was created on the real-time data of Reuters as of 27th September 2024:
Name | Value | Net Change | %Change |
S&P ASX ALL ORD INDEX | 8,476.80 | +14.00 | +0.17% |
FTSE BURSA MALAYSIA KLCI IDX | 1,660.98 | -10.34 | -0.62% |
HANG SENG INDEX | 20,586.94 | +662.36 | +3.32% |
HNX 30 Index | 518.53 | -0.27 | -0.05% |
JSX COMPOSITE INDEX | 7,744.52 | N/A | N/A |
KSE 100 INDEX | 81,657.97 | -589.95 | -0.72% |
NIKKEI 225 INDEX | 39,829.56 | +903.93 | +2.32% |
THAILAND SET IDX | 1,454.22 | -0.81 | -0.06% |
SHANGHAI SE COMPOSITE INDEX | 3,087.53 | +86.58 | +2.88% |
BSE SENSEX INDEX | 85,599.50 | -236.62 | -0.28% |
THE PHILIPPINE STOCK EXC PSEI INDEX | 7,428.30 | -30.44 | -0.41% |
When it comes to investing, you know what can provide better returns than top performing stocks in Asia, educating yourself. As Benjamin Franklin rightly said, “An investment in knowledge pays the best interest.” That is why it is important for you to stay updated with the latest news and policy changes to maximise your returns on the investments.