SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets made a mixed closing on Thursday

14 Jul 2016 Evaluate

Asian equity markets ended mixed on Thursday, as a steep fall in oil prices and tepid overnight cues from Wall Street instilled a sense of caution among traders ahead of the Bank of England's policy decision later in the day. Investors are pricing in an interest rate cut for the first time in more than seven years to curb economic fallout from Britain's vote to exit the European Union. However, Japanese shares rose for the fourth day as the yen dropped to the lower 105 range on expectations that policymakers will supplement monetary policy with fiscal stimulus. Hong Kong shares finished higher on hopes the Bank of England will cut rates to ward off a possible recession that could impact some Hong Kong companies. Meanwhile, Chinese shares eased a little bit, with metal and mining stocks pacing declines in response to disappointing trade data released on Wednesday. Reports showed that China’s June exports were better than expected, but imports fell sharply in the month.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,054.02

-6.67

-0.22

Hang Seng

21,561.06

238.69

1.12

Jakarta Composite

5,083.54

-50.39

-0.98

KLSE Composite

1,654.78

-5.61

-0.34

Nikkei 225

16,385.89

154.46

0.95

Straits Times

2,906.92

-3.73

-0.13

KOSPI Composite

2,008.77

3.22

0.16

Taiwan Weighted

8,866.36

8.61

0.10

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:

×