SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly in red on Friday morning

05 May 2017 Evaluate

The Asian markets have made mostly a lower start on Friday tailing the sluggishness in the US markets overnight. Traders are eyeing the release of the US Labor Department's closely-watched monthly jobs data later today for further cues. Employment is called higher by 180,000 jobs in April after rising by 98,000 jobs in March. The energy stocks in the region were under pressure after the crude oil futures plummeted overnight on global glut concern. The Chinese equities headed for their longest losing streak this year amid weakness across the region. Bucking the trend Malaysian and Indonesian markets are marginally in green, while Japan and South Korea market are closed for a holiday

Hang Seng slumped by 275.29 points or 1.12% to 24,408.59, Taiwan Weighted declined by 42.42 points or 0.43% to 9,925.22 and Shanghai Composite was lower by 21.27 points or 0.68% to 3,106.10.

On the other hand FTSE Bursa Malaysia KLCI was up by 3.72 points or 0.21% to 1,762.39 and Jakarta Composite was higher by 4.61 points or 0.08% to 5,674.06.

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:

×