SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets close in red on Friday

23 Mar 2018 Evaluate

Asian stocks closed in red on Friday, the dollar weakened and safe-haven assets such as the gold and the Japanese yen strengthened after US President Donald Trump announced tariffs on at least $50 billion worth of Chinese imports and China said it would impose tariffs on up to $3 billion worth of US goods in retaliation. Chinese shares ended lower under pressure from mounting trade tensions. Further, Japanese shares closed near six-month lows as the rumblings of a global trade war shook financial markets and helped lift the yen to its highest level in more than a year against the US dollar. Investors were also spooked by the appointment of John Bolton, the former US envoy to the UN, as Trump's national security adviser.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,152.76

-110.72

-3.39

Hang Seng

30,309.29

-761.76

-2.45

Jakarta Composite

6,210.70

-43.38

-0.69

KLSE Composite

1,865.22

-11.65

-0.62

Nikkei 225

20,617.86

-974.13

-4.51

Straits Times

3,421.39

-69.98

-2.00

KOSPI Composite

2,416.76

-79.26

-3.18

Taiwan Weighted

10,823.33

-182.51

-1.66

 

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: