SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets conclude Tuesday’s trade mostly in green

08 Apr 2014 Evaluate

The Asian markets concluded Tuesday’s trade mostly in green with China’s stocks rising higher, sending the benchmark index to a six-week high, on speculation that government will take further steps to bolster economic growth. Steady growth in China should help avert a drawn-out crisis in its banking sector by aiding industrial consolidation and economic rebalancing, according to Standard & Poor’s. Economic expansion will hold at about 7% until at least 2016. Foreign exchange reserves at Indonesia’s central bank fell slightly in March as the government paid overseas debts maturing last month. The foreign reserves fell to $102.6 billion last month from $102.7 billion a month earlier. The current foreign exchange reserves can cover 5.9 months of imports or 5.7 months of imports and debt repayments, the highest level in nine months.

The Bank of Japan refrained from adding to unprecedented monetary stimulus as Governor Haruhiko Kuroda enlightened that the blow to the economy from last week’s sales-tax increase will fade from the summer. The central bank will continue to expand the monetary base at a pace of 60 trillion yen to 70 trillion yen ($682 billion) per year. Japan’s Current Account fell to a seasonally adjusted -0.04T, from -0.59T in the preceding month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2098.28

39.45

1.92

Hang Seng

22596.97

219.82

0.98

Jakarta Composite

4921.40

0.37

0.01

KLSE Composite

1852.31

-10.59

-0.57

Nikkei 225

14606.88

-201.97

-1.36

Straits Times

 3204.09

10.50

0.33

KOSPI Composite

1993.03

3.33

0.17

Taiwan Weighted

8888.25

11.81

0.13

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: