SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly higher on Wednesday

10 Jul 2019 Evaluate

Asian markets ended mostly higher on Wednesday in cautious trade as investors awaited Federal Reserve Chairman Jerome Powell's congressional testimony later in the day for clues about whether the US central bank will meet dovish expectations in light of strong US jobs data released last week. Powell is due to testify before the House Financial Services Committee later today and before the Senate Banking Committee on Thursday. Seoul shares ended higher as chipmakers climbed amid bets on production cuts in the wake of curbs on the export of key materials from Japan. South Korea's president said that Japan's export curbs on key materials used by South Korean technology firms could be prolonged and his government would increase spending to reduce reliance on Japanese components. Though, Chinese shares ended lower as flat producer price inflation fuelled concerns about domestic growth, and a flood of initial public offerings targeting Shanghai's new tech board diverted funds from the rest of the market.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,915.30
-12.93
-0.44

Hang Seng

28,204.69
88.41
0.31

Jakarta Composite

6,410.68
22.36
0.35

KLSE Composite

1,678.97

-3.90

-0.23

Nikkei 225

21,533.48
-31.67
-0.15

Straits Times

3,340.42
10.96
0.33

KOSPI Composite

2,058.78
6.75
0.33

Taiwan Weighted

10,798.48
95.70
0.89

 

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: