SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly in red on Tuesday

07 Oct 2014 Evaluate

Asian markets ended mostly in red on Tuesday, while Hong Kong market closed in green after agreement on formal talks between protesters and Hong Kong officials boosted shares in the city. The Bank of Japan maintained its record stimulus as the yen traded near a six-year low and economists pushed back forecasts for further monetary easing. The central bank kept its pledge to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen ($643 billion). The central bank projects prices to rise in the midterm and some BOJ board members believe it wouldn’t be appropriate to trigger a more rapid weakening of the currency with more stimulus now. Japan’s index of leading economic indicators rose to a seasonally adjusted 104.0, from 105.4 in the preceding month.

Sales at major Hong Kong retailer chains have fallen as much as 50 percent during the bulk of the Chinese National Day holidays after pro-democracy protests disrupted the shopping season. The Hong Kong Retail Management Association stated that sales dropped at least 15 percent during the first five days of the holidays known as Golden Week, versus a year earlier. Taiwanese Trade Balance fell to a seasonally adjusted annual rate of 3.50B, from 4.11B in the preceding month while Taiwanese CPI fell to a seasonally adjusted annual rate of 0.72%, from 2.07% in the preceding quarter. Malaysian Trade Balance rose to 3.86B, from 3.60B in the preceding month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

--

-

Hang Seng

23,422.52

107.48

0.46

Jakarta Composite

5032.84

32.70

0.65

KLSE Composite

1833.54

-7.28

-0.40

Nikkei 225

15783.83

-107.12

-0.67

Straits Times

 3243.99

-9.25

-0.28

KOSPI Composite

1972.91

4.52

0.23

Taiwan Weighted

9040.81

-54.33

-0.60

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: