SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end in green on Friday

19 Jan 2018 Evaluate

Asian equity markets ended in green on Friday as stronger-than-expected Chinese GDP data and expectations for strong corporate earnings helped investors shrug off concerns about a potential US government shutdown. The US House of Representatives passed a stop-gap funding measure late Thursday to avert a government shutdown. But prospects appear gloomy in the Senate, where Democrats say they have the vote to block the spending bill in a bid to negotiate on budget and immigration deals. Chinese stocks ended at fresh two-year highs on Friday, with the Shanghai index posting its fifth straight week of gains, as banks extended their rally and after the country posted its first acceleration in full-year growth in seven years. Growth for the 2017 full-year picked up to 6.9 percent, the first annual acceleration for the economy since 2010. The annual growth easily beat the government’s 2017 target of around 6.5 percent and quickened from 6.7 percent in 2016, the weakest pace in 26 years. Further, Japanese shares ended higher with financial stocks leading the gains after US yields rose, while GMO Internet soared after an activist fund called on the company to change its governance structure.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,487.86

13.11

0.38

Hang Seng

32,254.89

132.95

0.41

Jakarta Composite

6,490.90

18.23

0.28

KLSE Composite

1,828.83

7.23

0.40

Nikkei 225

23,808.06

44.69

0.19

Straits Times

3,550.36

29.05

0.82

KOSPI Composite

2,520.26

4.45

0.18

Taiwan Weighted

11,150.85

79.28

0.72

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:

×