SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly higher on Wednesday

07 Oct 2020 Evaluate

Asian markets ended mostly higher on Wednesday, despite US President Donald Trump ending negotiations with Democrats over another Covid-19 stimulus package until the November 3 presidential election. Meanwhile, investors are waiting minutes from the US Federal Reserve’s September meeting for guidance as to how the central bank plans to push inflation higher and how long it might let it run above 2 percent before tightening its ultra-loose monetary policy. Though, Hong Kong’s private sector economy contracted at a slower pace in September than in August, the latest survey from IHS Markit showed on Wednesday with a PMI score of 47.7. Meanwhile, Chinese markets are closed for holidays until October 9.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

-

-
-

Hang Seng

24,242.86
262.21
1.09

Jakarta Composite

5,004.33
5.11
0.10

KLSE Composite

1,489.56

-19.91

-1.32

Nikkei 225

23,422.82
-10.91
-0.05

Straits Times

2,538.36
9.10
0.36

KOSPI Composite

2,386.94
21.04
0.89

Taiwan Weighted

12,746.37
42.14
0.33

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: