Asian markets end mostly higher on Thursday

31 Oct 2019 Evaluate

Asian markets ended mostly higher on Thursday after the US Federal Reserve cut interest rates by 25 basis points as widely expected to keep economic expansion on track, but indicated it is ready to hold off on further rate cuts for now. Meanwhile, the market showed scant reaction to the Bank of Japan's decision to modify its forward policy guidance by offering a stronger signal it may cut interest rates in future. Investors also digested news that Chile has cancelled the Asia-Pacific Economic Cooperation summit where US President Donald Trump and Chinese president Xi Jinping were set to sign an interim agreement to end the 15-month trade war.

Japanese shares ended up after data showed Industrial production in Japan was up a seasonally adjusted 1.4 percent month-on-month in September. That beat forecasts for an increase of 0.4 percent following the 1.2 percent decline in August. On a yearly basis, industrial output was up 1.1 percent - again beating expectations for a decline of 0.1 percent following the 4.7 percent drop in the previous month. Though, Chinese shares ended lower after data showed China's factory activity slipped to an eight month-low in October. The manufacturing PMI fell to 49.3 from 49.8 a month ago. China's service sector also logged weaker growth in October, with the corresponding index coming in at 52.8, down from 53.7 in September.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,929.06	-10.26	-0.35
Hang Seng	26,906.72	239.01	0.90
Jakarta Composite	6,228.32	-67.43	-1.07
KLSE Composite	1,597.98	17.98	1.14
Nikkei 225	22,927.04	83.92	0.37
Straits Times	3,229.88	21.96	0.68
KOSPI Composite	2,083.48	3.21	0.15
Taiwan Weighted	11,358.71	-21.57	-0.19

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.