SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets exhibit mixed trade on Greek uncertainty

10 May 2012 Evaluate

After witnessing carnage in previous session, equity indices in the Asian region snapped the day’s trade on mixed note on Thursday after European officials said Greece would get its next tranche of bailout cash but traders were nervous as politicians in Athens struggled to form a coalition. However, bargain hunting in the fundamentally strong stocks helped certain bourses to end in the green land. Meanwhile, Hong Kong shares slumped to a sixth straight loss on Thursday after Chinese April trade data came in weaker than expected, with negligible import growth raising fears of a much bigger slowdown in domestic demand. Chinese headline growth in imports unexpectedly stalled in April, at 0.3 percent which was much lower than the 11 percent Reuters consensus, raising doubts about the strength of the rebound in the world’s second-biggest economy.

However, mainland Chinese markets ended flat after a choppy session. They were up initially, but reversed course after the mid-morning release of the trade data, which accelerated losses in Hong Kong.  Japanese Nikkei ended about 0.40 percent lower at their worst finish for three months on Thursday as dealers were hit by renewed fears over Europe’s debt crisis.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,410.23

1.64

0.07

Hang Seng

20,227.28

-103.36

-0.51

Jakarta Composite

4,133.63

4.57

0.11

KLSE Composite

1,588.06

3.16

0.20

Nikkei 225

9,009.65

-35.41

-0.39

Straits Times

2,903.60

2.69

0.09

KOSPI Composite

1,944.93

-5.36

-0.27

Taiwan Weighted

7,484.01

8.30

0.11

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:

×