SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets close mostly in green on Monday

18 May 2015 Evaluate

The Asian markets closed mostly in green on Monday, tracking the gains in US shares as weaker-than-expected economic data spurred bets the Federal Reserve won’t rush to raise interest rates. Bank of Japan’s chief economist stated that the country’s economy is likely to shift to an expansionary phase this fiscal year due to improvements in domestic demand, exports and a windfall from last year’s decline in oil prices. Japan’s industrial production fell to a seasonally adjusted -0.8%, from -0.3% in the preceding month. Japan’s core machinery orders increased 2.9 percent in March from the previous month, rising for the first time in two months, in a sign of a pick-up in business investment. The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared with the median estimate of a 1.8 percent increase. In January-March, core orders rose 6.3 percent from the prior three months. Compared with a year earlier, core orders in March rose 2.6 percent.

As China’s economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country’s unpredictable court system.  As China’s slowdown continues, lawyers expect to see an uptick in bankruptcy filings, but warned that the outcome of these proceedings would continue to be distorted by political factors. China’s new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out. Average new home prices in China’s 70 major cities dropped 6.1 percent last month from a year ago, the same rate of decline as in March. But nationwide prices steadied from March, further narrowing from a 0.1 percent fall in the previous month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

4,283.49

-25.20

-0.58

Hang Seng

27,591.25

-231.03

-0.83

Jakarta Composite

5,237.81

10.72

0.21

KLSE Composite

1,823.50

11.58

0.64

Nikkei 225

19,890.27

157.35

0.80

Straits Times

3,459.57

-3.53

-0.10

KOSPI Composite

2,113.72

7.22

0.34

Taiwan Weighted

9,606.10

26.62

0.28

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:

×