SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly lower in early deals on Thursday

06 Jul 2023 Evaluate
Most of the Asian markets traded lower in early deals on Thursday, due to woes over ramifications of continued interest rate hikes by central banks after yesterday’s Federal Reserve monetary policy meeting minutes reported that most officials favoured more rate hikes ahead. Investors also side-lined ahead to June inflation data due next week, and as deflation woes continues to weigh on the economy. Japan’s Nikkei tumbled the most among Asian indices today, as it extended losing streak to third straight session with the sharp sell-off in technological sector stocks.

Nikkei 225 down 547.08 points or 1.64% to 32,791.62, Straight times dipped by 25.07points or 0.79% 3,160.31, Hang Seng diminished by 587.95 points or 3.17% to 18,522.43, KOSPI curtailed by 19.96 points or 0.77% to 2,559.04, Taiwan reduced by 279.51 points or 1.64% to 16,776.92, Shanghai slipped by 16.98 points or 0.53% to 3,205.97 and FTSE Bursa Malaysia KLCI narrowed by 5.42 points or 0.39% to 1,384.48.

On the flip side, Jakarta Composite up by 6.96 points or 0.10% to 6,725.94.

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:

×