Asian markets settle mostly higher on Friday

28 Jun 2024 Evaluate

Asian markets settled mostly higher on Friday tracking the broadly positive cues from Wall Street overnight with expectations that the US Fed will cut interest rates this year. Meanwhile investors were awaiting a key US inflation reading later in the day, that could provide further clues on the interest rate cut timeline this year. Japanese shares rose by gains in technology sector, despite selling among key semiconductor shares following disappointing guidance from memory-chip maker Micron Technology. Seoul shares gained even as industrial output falling in May.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,967.40	21.55	0.73
Hang Seng	17,718.61	2.14	0.01
Jakarta Composite	7,063.58	95.63	1.37
KLSE Composite	1,590.09	5.15	0.32
Nikkei 225	39,583.08	241.54	0.61
Straits Times	3,332.80	-10.55	-0.32
KOSPI Composite	2,797.82	13.76	0.49
Taiwan Weighted	23,032.25	126.27	0.55

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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.
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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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Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
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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

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