SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly lower on Monday

31 Aug 2020 Evaluate

Asian markets ended mostly lower on Monday after reaching a 29-month high earlier in the day in reaction to an upbeat reading on China's service sector activity data. Chinese shares ended lower as investors reacted to mixed economic data.  The manufacturing sector in China continued to expand in August, albeit at a slower pace, the latest survey from the National Bureau of Statistics revealed with a manufacturing PMI score of 51.0. That missed expectations for a reading of 51.2 and it's down from 51.1 in July. Meanwhile, the non-manufacturing index came in with a score of 55.2 - beating forecasts for 55.0 and up from 54.2 in the previous month in a hopeful sign of reviving consumer demand. However, Japanese shares outperformed on expectations there is likely to be continuity in both fiscal and monetary policy.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,395.68

-8.13

-0.24

Hang Seng

25,177.05

-245.01

-0.96

Jakarta Composite

5,238.49

-108.17

-2.02

KLSE Composite

 --

 --

 --

Nikkei 225

23,139.76

257.11

1.12

Straits Times

2,532.51

-7.12

-0.28

KOSPI Composite

2,326.17

-27.63

-1.17

Taiwan Weighted

12,591.45

-137.40

-1.08


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: