SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian Markets trade mostly higher in early deals on Thursday

24 Mar 2022 Evaluate
Most of the Asian equity benchmarks traded higher in early deals on Thursday, due to technical buying after the tumble on worries over economic ramifications of Russian Ukraine war, which shows no signs to end. Crude oil rates soared high lifting energy stocks. Moreover, optimism over aggressive measures by Central Banks to tackle inflation boosted investor sentiments. Japanese shares advanced significantly, extending winning streak to seventh consecutive session, as the country recouped its full operation after a long COVID quasi-emergency measures since January 8. The index had eased in the early trade counting on fears over inflation in wake of intensified Russia-Ukraine war. Meanwhile, the manufacturing sector in Japan marked a continuous in March, and is at a faster pace with a manufacturing PMI score of 53.2. Shanghai Stocks also advanced in the session as the investors eyed for more monetary measures from the government as the covid-19 cases peaks close to 1000.

Nikkei 225 up by 816.05 points or 3.00% to 28,040.16, Straight times rose by 14.09 points or 0.42% to 3,364.26, Hang Seng widened by 264.80 points or 1.21% to 22,154.08, Taiwan Weighted enlarged by 171.66 points or 0.98% to 17,731.37, KOSPI lifted by 25.05 points or 0.92% to 2,735.05, Shanghai Composite climbed by 11.17 points or 2.34% to 3,271.03 

Bucking the trend, Jakarta Composite curtailed by 4.70 points or 0.07% to 6,996.12, and FTSE Bursa Malaysia KLCI lower by 1.71 points or 0.11% to 1,596.17.

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: