SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mixed on Friday

04 Aug 2017 Evaluate

Asian equity markets made a mixed closing on Friday amid political uncertainty in the US and ahead of the US monthly jobs report slated for release later in the day. The dollar remained under selling pressure after the Wall Street Journal reported that US Special Counsel Robert Mueller's investigation into possible Russian interference in the 2016 elections is intensifying. It was said that Mueller has impaneled a grand jury in Washington to investigate allegations of Russia's interference in the elections. US crude futures remained below $50 a barrel on concerns over high OPEC supplies while the yen hit a seven-week high. Japanese shares ended lower as the yen's strength in the wake of renewed concerns over US President Donald Trump's ability to push through tax changes and a surprisingly soft reading on the US services sector overshadowed investors’ optimism on corporate earnings. Chinese shares ended lower even as a rally in cyclicals remained intact.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,262.08

-10.85

-0.33

Hang Seng

27,562.68

31.67

0.12

Jakarta Composite

5,777.48

-3.09

-0.05

KLSE Composite

1,774.53

2.63

0.15

Nikkei 225

19,952.33

-76.93

-0.38

Straits Times

3,326.52

-16.40

-0.49

KOSPI Composite

2,395.45

8.60

0.36

Taiwan Weighted

10,506.56

36.68

0.35

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:

×