SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets settle mostly lower on Tuesday

08 Aug 2023 Evaluate
Asian markets settled mostly lower on Tuesday on caution ahead of key inflation readings from the world's largest economies due this week, that could influence the US Federal Reserve's plans for possible interest rate hikes. Chinese and Hong Kong shares declined after China’s disappointing trade data. China's exports fell 14.5% in July year-on-year, while imports contracted 12.4%. However, Japanese shares rose followed by Wall Street gains overnight, although wage growth and household spending data missing expectations.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,260.62

-8.21

-0.25

Hang Seng

19,184.17

-353.75

-1.84

Jakarta Composite

6,868.81

-17.56

-0.26

KLSE Composite

1,451.00

5.19

0.36

Nikkei 225

32,377.29

122.73

0.38

Straits Times

3,313.79

3.92

0.12

KOSPI Composite

2,573.98

-6.73

-0.26

Taiwan Weighted

16,877.07

-118.93

-0.70



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:

×