SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mixed on Friday

03 Aug 2018 Evaluate

Asian equity markets ended mixed on Friday, as caution prevailed amid renewed trade worries and ahead of the release of the US jobs data for July later in the day. US employment is expected to increase by 190,000 jobs in July, while the unemployment rate is expected to edge down to 3.9 percent. Chinese shares dropped after a survey from Caixin showed earlier today that China's services sector continued to expand in July, albeit at a slower pace. The PMI stood at 52.8, down from 53.9 in the previous month as new orders expanded at their weakest rate in more than two and a half years. Meanwhile, Japanese shares closed on a flat note as trade war jitters and caution ahead of key US jobs data kept investors on the sidelines.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,741.08

-26.94

-0.98

Hang Seng

27,676.32

-38.24

-0.14

Jakarta Composite

6,007.54

-4.18

-0.07

KLSE Composite

1,780.09

1.96

0.11

Nikkei 225

22,525.18

12.65

0.06

Straits Times

3,265.73

-20.59

-0.63

KOSPI Composite

2,287.68

17.48

0.76

Taiwan Weighted

11,012.43

82.66

0.75

 

 

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: