Asian markets settle mixed on Wednesday

13 Dec 2023 Evaluate

Asian markets settled mixed on Wednesday ahead of policy decision from the US Federal Reserve later in the day for additional cues on the Federal Reserve's rate trajectory. Chinese shares declined sharply, despite reports that the Chinese government would step up policy adjustments to support an economic recovery in 2024. Meanwhile, disappointment over the lack of fresh stimulus measures from Beijing to revive the housing market also dampened Chinese markets. Japanese shares gained following Wall Street’s gains overnight, with Advantest and other chip-related stocks leading the gains.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,968.76	-34.68	-1.17
Hang Seng	16,228.75	-145.75	-0.90
Jakarta Composite	7,075.34	-49.97	-0.71
KLSE Composite	1,448.04	0.92	0.06
Nikkei 225	32,926.35	82.65	0.25
Straits Times	3,104.26	1.95	0.06
KOSPI Composite	2,510.66	-24.61	-0.98
Taiwan Weighted	17,468.93	18.30	0.10

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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.
Process—not predictions.
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Our Approach: Ensuring compounding work its magic on client portfolio.

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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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