SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets settle mostly down on Tuesday

07 Nov 2023 Evaluate
Asian markets settled mostly down on Tuesday ahead of US Federal Reserve Chair Jerome Powell's speech later this week. Chinese shares declined marginally after data showed that China's exports shrank 6.4% year-on-year in October and imports went up by 3%, signalled an uneven recovery in the world's second largest economy, despite a series of government stimulus measures. Japanese shares declined due to profit booking by investors after recent string of gains. Moreover, resurgence in US Treasury yields also weighed on market sentiments. However, some losses were capped by expectations that the US Federal Reserve is done with its monetary tightening.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,057.27

-1.14

-0.04

Hang Seng

17,670.16

-296.43

-1.68

Jakarta Composite

6,843.79

-35.05

-0.51

KLSE Composite

1,463.37

-1.30

-0.09

Nikkei 225

32,271.82

-436.66

-1.35

Straits Times

3,173.81

-6.72

-0.21

KOSPI Composite

2,443.96

-58.41

-2.39

Taiwan Weighted

16,684.95

35.59

0.21



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:

×