Asian Markets end mixed on Friday

19 Oct 2018 Evaluate

Asian markets ended mixed on Friday as weak Chinese data added to investor concerns over Italy's controversial budget, rising US interest rates and US-Saudi tensions. The euro hovered near a one-week low against the dollar after the European Commission said Italy's 2019 budget draft is in serious breach of EU budget rules. US President Donald Trump said on Thursday he presumes journalist Jamal Khashoggi had likely been killed and that the US response to Saudi Arabia will likely be ‘very severe’. Chinese shares closed sharply higher after central bank chief downplayed market fluctuations and the securities regulator said it would encourage funds to help resolve liquidity difficulties at listed companies. Data showed earlier in the day that China's GDP climbed an annual 6.5 percent in the third quarter of 2018- shy of estimates for 6.6 percent and down from 6.7 percent in the previous three months. Industrial production climbed 5.8 percent year-on-year in September, shy of forecasts for 6.0 percent and down from 6.1 percent in August. However, retail sales climbed an annual 9.2 percent and fixed asset investment gained 5.4 percent to beat forecasts. Meanwhile, Japanese shares ended lower after tracking broader overnight losses on Wall Street and Europe.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,550.47	64.05	2.51
Hang Seng	25,561.40	106.85	0.42
Jakarta Composite	5,837.29	-7.95	-0.14
KLSE Composite	1,732.14	-5.87	-0.34
Nikkei 225	22,532.08	-126.08	-0.56
Straits Times	3,062.51	-7.16	-0.23
KOSPI Composite	2,156.26	7.95	0.37
Taiwan Weighted	9,919.26	-34.47	-0.35

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.