SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly higher on Wednesday

21 Sep 2016 Evaluate

The Asian markets ended mostly higher on Wednesday, with Japanese stocks leading regional gains, after the Bank of Japan announced an overhaul of its massive monetary stimulus program. Japan's central bank kept its key interest rate unchanged at -0.1 percent and announced substantial changes to its monetary policy framework, including adopting quantitative and qualitative easing with yield curve control across different maturities. The central bank abandoned its monetary base target, but introduced an interest-rate target for 10-year government bonds to achieve its 2 percent inflation target at the earliest possible time. The US Federal Reserve is widely expected to leave interest rates unchanged, but investors will remain focused on the accompanying policy statement and Fed Chair Janet Yellen’s press conference for signs of change in tone about the economy or future rate hikes. Chinese shares ended higher, driven by surge in major steelmakers as investors bet on the next target of government-led restructuring after the disclosure of merger plans between Baoshan Iron and Steel and Wuhan Iron and Steel.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,025.87 2.870.10

Hang Seng

23,669.90 139.040.59

Jakarta Composite

5,342.59 40.100.76

KLSE Composite

1,658.73 2.950.18

Nikkei 225

16,807.62 315.471.91

Straits Times

2,850.74 -3.95-0.14

KOSPI Composite

2,035.99 10.280.51

Taiwan Weighted

9,228.50 66.920.73

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:

×