SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade in red in early deals on Tuesday

16 Apr 2024 Evaluate

Asian markets traded in red in early deals on Tuesday, due to risk aversion in the market midst of growing concerns over Middle East geopolitical conflicts, surge in US treasury bond yield notes, and on uncertainties over Fed benchmark interest rate cuts. Moreover, sluggish industrial output and retail sales data from China also dulled investor sentiments. Sharp sell-off in technological sector stocks over the almost all indices also saddled equity markets. Japan’s Nikkei also tumbled in the session mirroring negative trend in global indices overnight.

Nikkei 225 down by 878.22 points 2.21% to 38,354.58, Straits Times fell by 40.99 points 1.29% to 3,142.62, Hang Seng declined by 320.90 points 1.97% to 16,279.56, Taiwan Weighted slipped by 580.96 points or 2.84% to 19,868.81, KOSPI Index diminished by 64.21 points or 2.40% to 2,606.22 Jakarta Composite shrunk by 139.86 points or 1.92% to 7,147.02, Shanghai Composite curtailed by 43.54 points or 1.44% to 3,013.84 and FTSE Bursa Malaysia KLCI down by 6.07 points or 0.39% to 1,536.46.

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:

×