SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade lower in early deals on Thursday

30 May 2013 Evaluate

Asian markets are witnessing selling pressure in Thursday’s morning deals, undermined by an overnight pullback in global equities. Sentiments remain dampened on worries about the outlook for the Federal Reserve's stimulus program after getting more upbeat economic data and as OECD lowered its forecast for global economic growth in 2013. Back on domestic turf, Japanese Nikkei are trading with cut of over three percent to below 14,000 level, dragged lower by the dollar's decline to its lowest since May 10 against the yen which weighed on exporters.

Shanghai Composite dipped 6.78 points or 0.29% to 2,317.23, Hang Seng declined 110.37 points or 0.49% to 22,444.56, Jakarta Composite tumbled 58.46 points or 1.12% to 5,142.23, KLSE Composite contracted 7.59 points or 0.43% to 1,775.88, Nikkei 225 crumbled 467.89 points or 3.27% to 13,858.57, Straits Times dropped 47.08 points or 1.40% to 3,320.39 and Taiwan Weighted was down by 79.09 points or 0.95% to 8,258.81.

On the flip side, KOSPI Composite was up by 3.76 points or 0.19% to 2,004.96.

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:

×