SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets close mostly in red on Monday

01 Jun 2015 Evaluate

Asian markets closed mostly in red on Monday, while Shanghai surged after official data indicated a pick-up in Chinese manufacturing activity in May. Singapore’s Straits Times was closed today on account of ‘Vesak Day’ holiday. Growth in China’s giant factory sector edged up to a six-month high in May but export demand shrank again, prompting companies to shed jobs and keeping alive worries about a protracted economic slowdown. In a sign that China’s worst downturn in at least six years is hurting its services companies, too, a similar survey showed growth in that sector slipped to a low not seen in more than five years. The official manufacturing Purchasing Managers’ Index (PMI) edged up to 50.2 from April’s 50.1. Indonesian Inflation rose to a seasonally adjusted 7.15%, from 6.79% in the preceding month. Japanese manufacturing activity expanded in May for the first time in two months as domestic orders and output rose, suggesting the economy may be grinding higher again after faltering in April. The Markit/JMMA final Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 50.9 in May, unchanged from the preliminary reading but higher than a final 49.9 in April.


Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

4,828.74

216.99

4.71

Hang Seng

27,597.16

172.97

0.63

Jakarta Composite

5,213.82

-2.56

-0.05

KLSE Composite

1,743.41

-4.11

-0.24

Nikkei 225

20,569.87

6.72

0.03

Straits Times

-

-

-

KOSPI Composite

2,102.37

-12.43

-0.59

Taiwan Weighted

9,625.69

-75.38

-0.78

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:

×