SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets close mostly in red on Tuesday

15 Sep 2015 Evaluate

The Asian markets closed mostly in red on Tuesday, as investors await the outcome of a US Federal Reserve meeting. The Bank of Japan held fire on expanding its unprecedented monetary easing scheme but raised concern that the economy was being dragged by a slowdown key emerging markets, while it was forecast to unveil further measures before too long. BoJ kept its 80 trillion yen ($665 billion) annual asset-buying scheme unchanged, saying in a statement the economy has continued to recover moderately, although exports and production are affected by the slowdown in emerging economies. The decision came despite data showing Japan’s economy shrank 0.3% in the three months to June. The country’s near-zero inflation rate is also far below the BoJ’s 2% target. Indonesia’s trade surplus shrunk to $430 million in August from its revised target of $1.38 billion in July, when shipments to and from Indonesia began to improve. Indonesian exports increased by 11 percent to $12.7 million in August from $11.5 billion July, while imports increased by 22 percent to $12.3 billion per month. However, Indonesia’s cumulative imports fell by 17 percent and exports fell by 12 percent in comparison to the year before, extending the surplus streak for the ninth consecutive month.

China’s new residential property inventory dropped from the previous year for the first time in 54 months in August. Property inventory in 35 cities dropped 1.4 percent year on year and 0.8 percent from July, the sixth consecutive month-on-month decrease. Official data showed sales value of commercial housing in the first eight months went up 15.3 percent year on year. The growth rate was 1.9 percentage points higher than the first seven months, indicating nascent signs of recovery in some cities. China’s property market took a downturn in 2014 due to weak demand and a surplus of unsold homes. The cooling has continued into 2015, with both sale and prices falling and investment slowing. Singaporean Unemployment Rate remained unchanged at 2.0% compared with the preceding quarter.


Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

3,005.17

-109.63

-3.52

Hang Seng

21,455.23

-106.67

-0.49

Jakarta Composite

4,347.16

-43.21

-0.98

KLSE Composite

1,647.15

7.52

0.46

Nikkei 225

18,026.48

60.78

0.34

Straits Times

2,841.94

-29.53

-1.03

KOSPI Composite

1,937.56

6.10

0.32

Taiwan Weighted

8,259.99

-47.30

-0.57

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:

×