Asian markets settle mostly lower on Thursday

08 Aug 2024 Evaluate

Asian markets settled mostly lower on Thursday tracking Wall Street’s overnight fall following a poorly received US Treasury bond auction and with caution ahead of another US jobs report that might provide further evidence of weakness in the world’s largest economy. Japanese shares declined due to lingering concern over slowing US growth and recent market volatility, while the Bank of Japan’s Summary of Opinions contributed to early yen gains.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,869.90	0.07	0.00
Hang Seng	16,891.83	13.97	0.08
Jakarta Composite	7,195.12	-17.01	-0.24
KLSE Composite	1,590.38	-1.49	-0.09
Nikkei 225	34,831.15	-258.47	-0.74
Straits Times	3,261.83	12.11	0.37
KOSPI Composite	2,556.73	-11.68	-0.46
Taiwan Weighted	20,870.10	-425.18	-2.04

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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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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

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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