Most of the Asian equity benchmarks are trading lower on Thursday, with the lack of clarity on future monetary policy decisions after a widely anticipated interest rate cut by the US Federal Reserve. The traders were cautious as they eyed on the Bank of Japan's monetary policy decision which is due later today. Japan's Nikkei is trading higher with a weaker yen, and Shanghai is trading almost flat since morning. Among the other Asian markets, Hong Kong, South Korea, Indonesia, Singapore, and Malaysia are in negative territory. However, Nikkei and KOSPI are trading higher.
Straits Times dipped 2.86 points or 0.09% to 3,163.98, Hang Seng down 331.72 points or 1.24% to 26,422.40, Taiwan Weighted decreased 39.40 points or 0.36% to 10,890.05, Jakarta Composite lower by 25.11 points or 0.40% to 6,251.52, and FTSE Bursa Malaysia KLCI declined 5.03 points or 0.31% to 1,594.46.
On the flip side, Nikkei 225 up 101.62 points or 0.46% to 22,062.33, KOSPI Index increased 4.75 points or 0.23% to 2,075.48 and Shanghai flat at 2,985.66.
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.
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.
MoneyWorks4Me ensures this through: