Asian markets settle down on Wednesday

04 Oct 2023 Evaluate

Asian markets settled down on Wednesday as signs of a strong US jobs market fuelled expectations of higher for longer interest rates from the US Federal reserve. The Labor Department said that American employers posted 9.6 million job openings in August, up from 8.92 million in July, and against expectations of 8.8 million vacancies. Hong Kong shares declined on lingering concerns over an investigation into China Evergrande Group's founder and the heavily indebted property developer's offshore debt restructuring plan. Japanese shares dropped as the yen gained against the US dollar, putting more pressure on exporters in the world`s third-largest economy. Meanwhile, Chinese markets were remained closed for holiday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	--	--	--
Hang Seng	17,195.84	-135.38	-0.79
Jakarta Composite	6,886.58	-54.31	-0.79
KLSE Composite	1,415.84	-4.17	-0.29
Nikkei 225	30,526.88	-711.06	-2.33
Straits Times	3,147.39	-44.96	-1.43
KOSPI Composite	2,405.69	-59.38	-2.47
Taiwan Weighted	16,273.38	-180.96	-1.11

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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.

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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.

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Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
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Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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