SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end lower on Thursday

09 May 2019 Evaluate

Asian markets ended lower on Thursday as investors waited to see if the US and China can strike a trade deal during two days of talks in Washington starting later in the day. Underlying sentiment turned cautious after US President Donald Trump said he would be happy to keep tariffs on Chinese imports, while Beijing announced it would take ‘necessary countermeasures’. Japanese shares ended lower as the yen remained well bid against the dollar on safe-haven demand. Fears of the rapidly escalating trade tensions were eased a bit by China inflation data suggesting demand may be starting to perk up thanks to Beijing's stimulus. China's consumer price inflation rose to a six-month high in April, while producer price inflation increased at the fastest pace in four months. The consumer price index rose 2.5 percent year-on-year, following a 2.3 percent increase in March. The producer price index rose an annual 0.9 percent in the month, following a 0.4 percent increase in March. Separately, central bank data showed that new yuan loans given by Chinese banks totaled CNY 1.02 trillion in April, well below expectations, and March's CNY 1.69 trillion.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,850.95
-42.81
-1.48

Hang Seng

28,311.07
-692.13
-2.39

Jakarta Composite

6,198.80
-71.40
-1.14

KLSE Composite

1,618.53

-15.02

-0.92

Nikkei 225

21,402.13
-200.46
-0.93

Straits Times

3,269.70
-14.14
-0.43

KOSPI Composite

2,102.01
-66.00
-3.04

Taiwan Weighted

10,733.67
-190.04
-1.74

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: