Asian markets end mixed on Thursday

17 Oct 2024 Evaluate

Asian markets ended mixed on Thursday, with Chinese and Hong Kong markets settling lower after China’s housing ministry briefing failed to impress investors and sent property shares into steep decline. Meanwhile, investors were awaiting China’s third-quarter GDP and a slew of macro-economic data including retail sales and house prices due on Friday. Japanese markets declined, even as Wall Street shares resumed their advance as Morgan Stanley and United Airlines earnings topped estimates. Data from the Ministry of Finance showed Japanese exports dropped 1.7% year-on-year in September, marking the first decrease in 10 months.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,169.38	-33.57	-1.06
Hang Seng	20,079.10	-207.75	-1.03
Jakarta Composite	7,735.04	86.10	1.11
KLSE Composite	1,641.44	8.81	0.54
Nikkei 225	38,911.19	-269.11	-0.69
Straits Times	3,625.25	34.63	0.96
KOSPI Composite	2,609.30	-1.06	-0.04
Taiwan Weighted	23,053.84	42.86	0.19

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

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.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
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.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

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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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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