SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets end mostly higher on Tuesday

09 Aug 2022 Evaluate
Asian markets ended mostly higher on Tuesday despite worries over inflation and rate-hike uncertainties in the United States. Investors are awaiting key US inflation data due on Wednesday that would determine the pace of future interest rate hikes by the US Fed. However, Japanese shares declined as disappointing corporate earnings news weighed on Japan’s market sentiment. Japanese technology Company SoftBank Group shares dropped around 7 percent after its Vision Fund reported a 2.93 trillion Japanese yen ($21.68 billion) loss for the June quarter on Monday after the market close. Hong Kong shares slipped after the government denied a suggestion that it was considering removing an extra stamp duty for mainland Chinese home buyers in the city. Meanwhile, Singapore market was closed for National Day holiday.

Asian Indices

Last Trade               

Change in Points

Change in %   

Shanghai Composite

3,247.4310.500.32

Hang Seng

20,003.44-42.33-0.21

Jakarta Composite

7,102.8816.030.23

KLSE Composite

1,497.681.650.11

Nikkei 225

27,999.96-249.28-0.88

Straits Times

------

KOSPI Composite

2,503.4610.360.42

Taiwan Weighted

15,050.2829.870.20


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: