SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mixed in early deals on Tuesday

30 Jan 2024 Evaluate
Asian markets traded mixed in early deals on Tuesday, with the risk aversion in the market ahead to key of this week’s US Federal Reserve monetary policy decision, as well as Japan’s Industrial production, retail sales and consumer confidence numbers. Market sentiments dampened with the woes over a wider US ban on entities that were alleged to have close ties with the PLA, with biotechnology, semiconductor and artificial intelligence firms at the crosshairs. Additionally, surging oil rates with the intensifying Middle East geopolitical tensions and fallout from Chinese property giant Evergrande’s liquidation order also saddled gain in equity market. Hang Seng tumbled the most among Asian indices with the negative Chinese economic health outlook. However, Japan’s Nikkei advanced extending winning streak to second straight session with the positive Wall streat overnight. Investor’s also braced data that showed dip in Japan’s unemployment rate by 2.4% in December from 2.5% in the previous two months.

Hang Seng down 313.11 points 1.99% to 15,764.13, Taiwan Weighted lifted 32.50 points or 0.18% to 18,087.13, Shanghai Composite declined by 17.76 points or 0.62% to 2,865.60, and FTSE Bursa Malaysia KLCI dipped by 0.04 points or 0.67% to 1,514.72.

On the flip side, Nikkei 225 up by 132.29 points or 0.37% to 36,159.23, Straits Times rose 9.77 points 0.31% to 3,150.08, KOSPI Index widened 0.49 points or 0.02% to 2,501.14, and Jakarta Composite enlarged by 25.27 points or 0.35% to 7,182.45.

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:

×