SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian Markets trade mostly lower in early deals on Tuesday

27 Apr 2021 Evaluate
Most of the Asian equity benchmarks traded lower in early deals on Tuesday, as the market sentiment got dulled with the mounting risks to growth in the economy of the region from surging coronavirus cases and implications of lockdowns to contain the spread. Investors also side lined as they awaited for release of Quarter one US GDP data, US President’s speech to Congress and central bank policy decisions in Japan and the US. Moreover, profit taking after recent gains also added to the downside. Japan’ Nikkei pilled down in the session as the exports slumped ,with the country intensified restrictions to tackle the fourth wave of coronavirus infections driven by more contagious variants. The death toll of Japan from the pandemic also topped 10,000 on Monday. Among the Asian markets, Japan ,South Korea, Taiwan, Indonesia, China and Malaysia are in negative territory. Bucking the trend, Singapore, Hong Kong are trading higher.

Nikkei 225 down by 86.81 points or 0.30% to 29,039.42, KOSPI Index diminished by 7.98 points or 0.25% to 3,209.55, Taiwan Weighted narrowed 22.43 points or 0.13% 17,549.86, Jakarta Composite decreased by 0.85 points or 0.01% to 5,963.97, Shanghai Composite curtailed by 17.82 points or 0.52% to 3,423.35 and FTSE Bursa Malaysia KLCI narrowed by 13.51 points 0.83% to 1,609.96.

On the flip side, Straits Times increased 1.82 points or 0.06% to 3,206.72, Hang Seng rose by 21.71 points or 0.07% to 28,974.54.

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:

×