SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets made a weak closing on Thursday

13 Oct 2016 Evaluate

The Asian markets made a weak closing and barring the Chinese market all the indices in the region ended in red, with some even witnessing cuts of 1-1.5%. It was the concern of US Fed increasing rates in 2016 that led the soft start of the markets, after minutes of Fed's latest meeting indicated that though policy makers wanted more evidence of full employment and gains in inflation before feeling confident in raising rates, but the minutes also said a rate increase was in the cards relatively soon. Later, an unexpected drop in Chinese exports too spurred concern about the outlook for the global economy. China’s exports fell 10 percent in September from a year earlier, while imports declined 1.9 percent. Hang Seng lost the most, down by over one and half a percent, while the recovery in Yen dragged the Japanese market lower. However, the Chinese market itself managed a modestly positive close.


Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,061.35 2.850.09

Hang Seng

23,031.30-375.75-1.61

Jakarta Composite

5,340.40-24.21-0.45

KLSE Composite

1,665.02 -2.01-0.12

Nikkei 225

16,774.24-65.76-0.39

Straits Times

2,805.48 -8.23-0.29

KOSPI Composite

2,015.44-18.29-0.90

Taiwan Weighted

9,219.17-33.43-0.36

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:

×