SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade lower on Thursday

20 Dec 2012 Evaluate

Snapping their two day’s rally, most of the Asian equity indices are trading under selling pressure on Thursday following decline on Wall Street overnight as doubt over the progress of U.S. budget talks set in. Moreover, Japanese markets, after out-performing for three straight days, witnessed some profit booking as the yen strengthened against all its 16 major counterparts. Investors also remained concern ahead of a policy decision at the Bank of Japan.

Shanghai Composite declined 11.21 points or 0.52% to 2,151.03, Hang Seng contracted 74.17 points or 0.33% to 22,549.20, Jakarta Composite tumbled 42.11 points or 0.98% to 4,233.74, KLSE Composite slipped 2.41 points or 0.14% to 1,663.23, Nikkei 225 dropped 62.33 points or 0.61% to 10,098.07 and Taiwan Weighted was down by 68.23 points or 0.89% to 7,609.24.

On the flip side, Straits Times was up 1.08 points or 0.03% to 3,159.65 and KOSPI Composite surged 4.88 points or 0.24% to 1,997.97.

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:

×