SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly lower on Thursday

27 Oct 2016 Evaluate

The Asian markets ended mostly lower on Thursday amid skepticism over OPEC's proposed deal to curb oil production. The yen recovered some ground against majors and a report showed profits earned by China's industrial firms slowed in September, keeping investors nervous. Traders also looked ahead to a slew of US data including Friday's crucial third-quarter GDP report for fresh clues about the timing of the next interest rate rise. Chinese shares ended lower, with a weaker yuan, liquidity concerns and slowing industrial profit growth, weighing on markets. Figures from the National Bureau of Statistics showed that China's industrial profits grew only 7.7 percent year-on-year in September after expanding 19.5 percent in August. The increase in August was the fastest in three years. Japanese shares ended lower as Canon, a key exporter, revised down its full-year earnings forecast and the dollar weakened against the yen in late trading.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,112.35

-3.96

-0.13

Hang Seng

23,132.35

-193.08

-0.83

Jakarta Composite

5,416.84

17.16

0.32

KLSE Composite

1,669.03

-4.89

-0.29  

Nikkei 225

17,336.42

-55.42

-0.32

Straits Times

2,828.94

0.37

0.01

KOSPI Composite

2,024.12

10.23

0.51

Taiwan Weighted

9,299.55

-62.70

-0.67

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: