SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets settle mostly higher on Thursday

02 Feb 2023 Evaluate
Asian markets settled mostly higher on Thursday tracking overnight rally in Wall Street after the US Fed raised rates by 25 bps, as widely expected. And at the same time, US Fed Chair Powell said disinflationary process has started but ongoing increases in rates will be needed to curb price pressures. Seoul shares rose, even as the south Korea consumer price index rose 5.2% in January on an annualised basis. Japanese shares gained, despite a stronger yen weighed on exporters. Chinese shares ended flat ahead of a slew of earnings from prominent firms in the coming weeks.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,285.670.750.02

Hang Seng

21,958.36-113.82-0.52

Jakarta Composite

6,890.5728.310.41

KLSE Composite

1,489.80

4.300.29

Nikkei 225

27,402.05

55.170.20

Straits Times

3,363.68-13.97-0.42

KOSPI Composite

2,468.88

19.080.77

Taiwan Weighted

15,595.16175.031.12

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:

×