SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian equities prolong weakness for second session in a row

06 Mar 2012 Evaluate

Stock markets across Asian region witnessed heavy pounding in Tuesday’s trading session as sentiments remained bleak tracking the overnight plunge on Wall Street. Investors remained nervous over the deteriorating global economic situation and also over Chinese Premier Wen Jiabao’s lowering of the world's second largest economy's growth target, too dented investors' morale. Besides the lingering concerns over debt crisis in Europe, particularly Greece also pressured markets’ mood while the weaker than expected economic reports like the shrinking euro-area services output and declining US factory orders too played spoil sport.

Barring the benchmarks in Indonesia, Malaysia and Japan, all other equity indices in the region suffered large cuts of over a percent. However, the Japanese shares traded with only moderate losses as the stable Japanese yen against the US dollar led to buying in export oriented stocks.

Shanghai Composite plunged 27.71 points or 1.13% to 2,417.29, Hang Seng plummeted 336.59 points or 1.58% to 20,928.72, Jakarta Composite declined 22.62 points or 0.57% to 3,962.28, KLSE Composite slipped 7.57 points or 0.48% to 1,581.65, Nikkei 225 dived 52.74 points or 0.54% to 9,645.85, Straits Times slumped 34.31 points or 1.15% to 2,957.49, Seoul Composite sank 22.64 points or 1.12% to 1,993.42 and Taiwan Weighted shrank 94.70 points or 1.18% to 7,910.04.

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: