SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly higher in early deals on Monday

17 Oct 2016 Evaluate

Most of the Asian equity benchmarks are trading up in the early deals on Monday despite investors digesting Federal Reserve Chair Janet Yellen's comments that aggressive steps may be required to address the lingering effects of the financial crisis on the US economy. Caution over a slew of Chinese economic data due out this week saw Hong Kong markets slip, but property stocks gained thanks to a strong weekend of sales. Among the other Asian markets, South Korea, Shanghai, Indonesia, and Taiwan are in positive territory. Bucking the trend, Singapore, and Malaysia are in negative territory.

Nikkei 225 gained 46.17 points or 0.27% to 16,902.54, KOSPI Index rose 9.82 points or 0.49% to 2,032.48, Jakarta Composite added 17.21 points or 0.32% to 5,417.10, Taiwan Weighted surged 10.00 points or 0.11% to 9,175.17, Shanghai Composite was up by 3.90 points or 0.13% to 3,067.71.

On the flip side, Straits Times dipped 3.18 points or 0.11% to 2,812.06, Hang Seng dropped 98.56 points or 0.42% to 23,134.75, and FTSE Bursa Malaysia KLCI was down by 1.17 points or 0.07% to 1,657.80.

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:

×