SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end in red on Wednesday

28 Jun 2017 Evaluate

Asian equity markets ended in red on Wednesday as the US Senate's move to delay a vote on healthcare bill until after next week's July 4 holiday triggered concerns whether the Trump administration will be able to deliver pledged tax cuts and infrastructure spending. The euro hit a one-year high as digested hawkish comments from ECB President Mario Draghi that the central bank could trim its stimulus this year. The dollar was little changed versus the yen while crude prices were lower ahead of weekly inventory data from the US due later in the day. Japanese shares fell, dragged down by tech shares, after EU regulators fined Google a record 2.4 billion euros ($2.7 billion) for violating antitrust rules and a massive global cyber-attack hit IT systems across multiple geographies and business units. On the economic front, Japan's small business confidence improved for the second straight month in June, though slightly, survey data from Shoko Chukin Bank showed today. Further, Chinese shares ended lower as comments by Premier Li Keqiang raised concerns over an economic slowdown and regulatory tightening. The Indonesian market remained closed for the Eid-ul-Fitr holiday.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,173.20

-18.00

-0.56

Hang Seng

25,683.50

-156.49

-0.61

Jakarta Composite

-

-

-

KLSE Composite

1,771.23

-8.22

-0.46

Nikkei 225

20,130.41

-94.68

-0.47

Straits Times

3,215.70

-3.83

-0.12

KOSPI Composite

2,382.56

-9.39

-0.39

Taiwan Weighted

10,390.55

-121.51

-1.16

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:

×