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Asian markets end mostly in red on Friday

23 Nov 2018 Evaluate

Asian markets ended mostly in red on Friday, with Chinese markets leading regional losses as lingering worries about US-China trade tensions and slowing global economic growth overshadowed positive developments on the Brexit front. The dollar index continued to weaken and gold edged up while oil prices fell sharply to hit 2018 lows in Asian trade on concerns over oversupply. Meanwhile, ahead of Trump-Xi meeting, the World Trade Organisation said that trade restrictions imposed by the G20 countries between mid-May and mid-October soared to cover $481 billion of trade, and further escalation would likely increase global economic risks. The Nikkei market is closed for Labour Thanksgiving Day.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,579.48

-65.95

-2.56

Hang Seng

25,927.68

-91.73

-0.35

Jakarta Composite

6,006.20

15.39

0.26

KLSE Composite

1,695.88

0.26

0.02

Nikkei 225

-

-

-

Straits Times

3,052.49

11.11

0.36

KOSPI Composite

2,057.48

-12.47

-0.61

Taiwan Weighted

9,667.30

-47.41

-0.49

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.

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