Asian markets settle mostly lower on Tuesday

19 Mar 2024 Evaluate

Asian markets settled mostly lower on Tuesday as investors cautiously awaiting key central bank decisions this week for directional cues. Chinese shares declined after struggling Chinese property giant Evergrande and its founder have been accused of inflating revenues by $78 billion in the two years before the firm defaulted on its debt. However, Japanese shares gained, while the Japanese yen slid to 150 per dollar after the Bank of Japan decided to end its negative interest rate policy in its first interest rate hike in 17 years, marking a major shift away from the long-running monetary easing that Japan has seen over the past decade to put an end to deflation.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,062.76	-22.17	-0.72
Hang Seng	16,529.48	-207.64	-1.26
Jakarta Composite	7,336.75	34.30	0.47
KLSE Composite	1,544.96	-8.68	-0.56
Nikkei 225	40,003.60	263.16	0.66
Straits Times	3,173.55	1.62	0.05
KOSPI Composite	2,656.17	-29.67	-1.12
Taiwan Weighted	19,857.20	-22.65	-0.11

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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.
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We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
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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.

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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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