SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly higher in early deals on Tuesday

09 Jan 2024 Evaluate

Most of the Asian markets traded higher in early deals on Tuesday, kindled by the risk appetite in the market after retreat in Treasury bond yields. Rebound in technological sector stocks also buoyed indices further. Participants closely eyed for this week’s US consumer and producer price inflation figures to gauge on Central bank’s monetary policy outlook. While, accelerated bets on aggressive policy support by Chinese government ahead to this week’s inflation and trade data also boosted investor sentiments. Hang Seng advanced after prior session’s 14-month low hit. Japan’s Nikkei also advanced with the positive Wall Street overnight. Meanwhile, Tokyo’s core inflation rate, a leading indicator for nationwide price trends, declined to 2.1% in December from November’s 2.3%, but remained above the Bank of Japan’s 2% target for the 19th consecutive month.

Nikkei 225 rose by 344.46 points or 1.03% to 33,721.88, Straits Times up 14.42 points or 0.45% to 3,201.44, Hang Seng widened 51.39 points 0.32% to 16,275.84, Shanghai Composite increased by 9.83 points or 0.34% to 2,897.37, and FTSE Bursa Malaysia KLCI added by 4.23 points or 0.28% to 1,499.93.

On the flip side, Taiwan Weighted down 16.70 points or 0.10% to 17,555.96, Jakarta Composite slipped by 70.62 points or 0.97% to 7,212.96, KOSPI Index narrowed 1.12 points or 0.04% to 2,566.70.

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:

×