SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly lower in early deals on Thursday

19 Jan 2023 Evaluate
Most of the Asian markets traded lower in early deals on Thursday, as the disappointing US wholesale inflation and retail sales data overshadowed recent optimism about slower interest rate hikes and reignited global economic slowdown fears. Japan’s Nikkei tumbled counting on weak global indices overnight and as the country registered another trade deficit in December as import growth outpaced export growth. However, shanghai stocks picked up in the session tracking upbeat market sentiments as Covid infections are curtailing and consumption-related activities had returned to normal.

Nikkei 225 tumbled by 383.28 points or 1.43% to 26,406.60, Straight times down12.70 points or 0.39% to 3,276.85, Hang Seng dipped by 5.93 points or 0.03% to 21,672.07, and FTSE Bursa Malaysia KLCI lower by 0.51 points or 0.03% to 1,494.99.

On the flip side, KOSPI up by 8.13 points or 0.34% to 2,376.45, Jakarta Composite added by 36.19 points or 0.53% to 6,801.98, Shanghai improved by 4.19 points or 0.13% to 3,228.60.

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:

×