Asian markets settle mostly down on Friday

06 Dec 2024 Evaluate

Asian markets settled mostly down on Friday, tracking Wall Streets’ fall overnight and ahead of a US jobs report due later in the day that could give more insights into the future trajectory of interest rate cuts. Meanwhile, investors were also awaiting China’s Central Economic Work Conference next Wednesday, where top leaders will set economic growth targets and plan the agenda for next year. Japanese shares declined after data showed Japan's local wages grew at the fastest pace in 32 years in October, sparking expectations for BOJ interest rate hike. Moreover, Seoul shares fell as the leader of President Yoon Suk Yeol's own party backed impeachment, on which the National Assembly is set to vote on Saturday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,404.08	35.22	1.03
Hang Seng	19,865.85	305.41	1.54
Jakarta Composite	7,382.78	69.47	0.95
KLSE Composite	1,613.25	-2.39	-0.15
Nikkei 225	39,091.17	-304.43	-0.78
Straits Times	3,796.16	-26.52	-0.70
KOSPI Composite	2,428.16	-13.69	-0.56
Taiwan Weighted	23,193.27	-74.67	-0.32

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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

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