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Asian markets end lower on Monday

13 Apr 2020 Evaluate

Asian markets ended lower on Monday after data from Washington-based Johns Hopkins University showed global corona virus death toll increased to 114,245 and the overall number of confirmed cases stood at 1,850,527. The United States now accounts for highest number of cases and deaths in the world at 557,571 and 22,108, while France, Germany, Italy and Spain reported a slowdown in new corona virus cases, offering investors some relief. Japanese shares ended lower on a stronger yen versus the dollar and investors were disappointed over a lack of asset-buying from the Bank of Japan. Meanwhile, traders also shrugged off a historic agreement by major oil exporters to slash supply, putting an end to a spat between Russia and Saudi Arabia that sent crude prices tumbling. Market in Hong Kong was closed for Easter Monday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,783.05
-13.58
-0.49

Hang Seng

-

-

-

Jakarta Composite

4,623.89
-25.19
-0.54

KLSE Composite

1,356.03

-1.47

-0.11

Nikkei 225

19,043.40

-455.10

-2.33

Straits Times

2,567.25
-4.07

-0.16

KOSPI Composite

1,825.76
-34.94
-1.88

Taiwan Weighted

10,099.22
-58.39
-0.57

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: