SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly lower on Friday

08 Nov 2019 Evaluate

Asian markets ended mostly lower on Friday due to conflicting reports on how much progress has been made in Sino-US trade negotiations. Trade-deal optimism diminished slightly after reports suggested that a plan to roll back tariffs on each other's goods in phases has met opposition from some advisers to US President Donald Trump. Chinese shares ended down, even as reports showed China's exports and imports contracted less than expected in October. Chinese exports fell 0.9 percent year-on-year in dollar terms, declining for the third straight month, against forecast of a 3.9 percent fall following September's 3.2 percent contraction. While, Imports declined 6.4 percent from a year earlier, slower than the forecast of 7.8 percent fall. Though, Japanese shares ended up after data showed the country's household spending rose at the fastest pace on record in September. The average of household spending in Japan rose an annual 9.5 percent in real terms in September, beating forecasts for an increase of 7.0 percent following the 1.0 percent gain in August.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,964.18
-14.53
-0.49

Hang Seng

27,651.14
-196.09
-0.70

Jakarta Composite

6,177.99
12.37
0.20

KLSE Composite

1,609.73

0.40

0.02

Nikkei 225

23,391.87
61.55
0.26

Straits Times

3,264.30
-21.42
-0.65

KOSPI Composite

2,137.23
-7.06
-0.33

Taiwan Weighted

11,579.54
-27.02
-0.23

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: