SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mixed on Wednesday

04 Jul 2018 Evaluate

Asian equity markets ended mixed on Wednesday as trade jitters continued to simmer ahead of the July 6 deadline, when US tariffs on Chinese goods are due to take effect. The yen rose against the dollar and the euro advanced amid fading political risks in Germany, while oil prices remained supported by data showing a larger-than-expected fall in US stockpiles. Chinese shares ended lower despite the yuan rising sharply against the US dollar following verbal intervention by the People's Bank of China. Meanwhile, Japanese shares retreated as technology stocks followed their US peers lower and index heavyweight Fast Retailing reported a 4 percent fall in same-store sales at its Uniqlo clothing outlets in June.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,760.59

-26.30

-0.95

Hang Seng

28,241.67

-303.90

-1.08

Jakarta Composite

5,733.64

99.70

1.74

KLSE Composite

1,688.45

8.08

0.48

Nikkei 225

21,717.04

-68.50

-0.32

Straits Times

3,244.89

8.99

0.28

KOSPI Composite

2,265.46

-7.30

-0.32

Taiwan Weighted

10,721.87

6.15

0.06

 

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: