MoneyWorks4Me

Asian markets settle lower on Friday

26 Nov 2021 Evaluate

Asian markets settled lower on Friday on fears about the global economic outlook following identification of a new and possibly vaccine-resistant corona-virus variant in South Africa, and has also been detected in Hong Kong. World Health Organization (WHO) officials said they are monitoring a new variant with a large number of mutations. A special meeting is scheduled today to discuss its implications for vaccines and treatments. Japanese shares hit one-month low as the safe-haven yen rallied against the US dollar. Further, Chinese shares declined as a handful of corona-virus cases in eastern parts of China prompted Shanghai to limit tourism activities and a nearby city to cut public transportation services.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,564.09
-20.09
-0.56

Hang Seng

24,080.52
-659.64
-2.67

Jakarta Composite

6,561.55
-137.80
-2.06

KLSE Composite

1,512.22

-5.38

-0.35

Nikkei 225

28,751.62
-747.66
-2.53

Straits Times

3,166.27
-55.25
-1.72

KOSPI Composite

2,936.44
-43.83
-1.47

Taiwan Weighted

17,369.39
-284.80
-1.61


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: