SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly lower in early deals on Monday

17 Apr 2023 Evaluate
Asian markets traded lower in early deals on Monday, due to sharp correction tracking negative cues from global indices. Market sentiments dulled with the woes over global economic health amidst hawkish central banks. Japan’s Nikkei retreated from earlier gains with some profit booking after last week gains on the back of solid corporate results and dovish remarks from new Bank of Japan governor Kazuo Ueda. Bucking the trend, China’s Shanghai advanced near a nine-month high whetted by the optimism over country’s economic growth ahead to the release of China’s GDP data on Tuesday.

Nikkei 225 down by 0.54 points or 0.01% to 28,492.93, Straight times lower by 0.06 points or 0.01% to 3,302.60, Taiwan shrunk by 9.83 points or 0.06% to 15,919.60, KOSPI dipped by 4.44 points or 0.17% to 2,567.05, Jakarta Composite narrowed by 42.87 points or 0.63% to 6,775.70, and FTSE Bursa Malaysia KLCI declined by 5.21 points or 0.36% to 1,429.92.

On the flip side, Hang Seng jumped by 110.03 points or 0.54% to 20,548.84, and Shanghai added by 32.60 points or 0.97% to 3,370.75.

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:

×