SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets make a mixed closing on Friday

03 Aug 2012 Evaluate

The Asian markets made a mixed closing on the last trading day of week, while the Chinese market after making a green start strengthened further but some of the other indices made last hour recovery to close in green. There was a sense of disappointments among the regional shares after inaction by the European Central Bank and Federal Reserve. The Japanese market was worst impacted with yen strengthening against all other major currencies and weak earnings from some of the major corporate. Hong Kong shares too weakened below a key technical support level. Chinese market was the top performer for the day, gaining over a percent as country’s regulators, seeking to arrest a 14 percent slide in the nation’s stock market since this year’s high, reduced transaction fees on equities trading by huge 20 percent. However in a separate development People’s Bank of China said in a quarterly monetary-policy report said that China will conduct policy fine-tuning at an appropriate time and consumer inflation may rebound after August.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,132.80

21.61

1.02

Hang Seng

19,666.18

-24.02

-0.12

Jakarta Composite

4,099.81

6.70

0.16

KLSE Composite

1,635.04

1.59

0.10

Nikkei 225

8,555.11

-98.07

-1.13

Straits Times

3,051.33

15.14

0.50

KOSPI Composite

1,848.68

-20.72

-1.11

Taiwan Weighted

7,217.51

-50.45

-0.69

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:

×