Asian markets settle mostly lower on Wednesday

10 Jan 2024 Evaluate

Asian markets settled mostly lower on Wednesday as investors cautiously awaiting to the release of US inflation data this week for clues on Fed's next move. Seoul shares declined ahead of the Bank of Korea's interest rate decision due on Thursday. Moreover, Chinese shares dropped and hovering around multi-year lows following uncertainty surrounding the upcoming Taiwan election. Investors were also awaiting China's trade data later this week. However, Japanese shares gained sharply as recent data showing declines in Japanese inflation and wage growth bolstered expectations on a dovish BoJ, while weak yen supported the Japanese market.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,877.70	-15.55	-0.54
Hang Seng	16,097.28	-92.74	-0.58
Jakarta Composite	7,227.30	27.10	0.37
KLSE Composite	1,486.86	-11.97	-0.80
Nikkei 225	34,441.72	678.54	1.97
Straits Times	3,179.96	-18.00	-0.57
KOSPI Composite	2,541.98	-19.26	-0.76
Taiwan Weighted	17,465.63	-69.86	-0.40

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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.

What Makes MoneyWorks4Me Different

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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Technology + Human Intelligence.
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We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

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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