SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets settle mostly down on Thursday

07 Dec 2023 Evaluate
Asian markets settled mostly down on Thursday tracking heavy losses in the Wall Street overnight. Meanwhile, investors were cautiously awaiting key US jobs report due Friday that could give clarity on the Federal Reserve’s interest rate trajectory. Japanese shares tumbled on heightened expectations that the Bank of Japan will end its ultra-loose policies in 2024, while rallying yen has also weighed on equities. Chinese shares declined on mixed trade data, with exports unexpectedly ticked higher in November and imports fell slightly from a year ago. Moreover, Hong Kong shares fell after international ratings agency Moody’s Investors Service downgraded the credit outlook for Hong Kong from stable to negative.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

2,966.21

-2.72

-0.09

Hang Seng

16,345.89

-117.37

-0.72

Jakarta Composite

7,134.62

47.22

0.66

KLSE Composite

1,442.85

-2.97

-0.21

Nikkei 225

32,858.31

-587.59

-1.79

Straits Times

3,074.26

-12.98

-0.42

KOSPI Composite

2,492.07

-3.31

-0.13

Taiwan Weighted

17,278.74

-81.98

-0.47



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:

×