SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets settle mostly higher on Tuesday

24 Dec 2024 Evaluate
Asian markets settled mostly higher on Tuesday tracking Wall Street gains overnight after the release of mixed US economic reports. Data showing that a measure of US consumer confidence deteriorated in December, while new home sales rebounded and core capital goods orders increased in November. Chinese and Hong Kong shares gained after China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year. However, Japanese shares fell as Finance Minister Katsunobu Kato reiterated Tokyo's discomfort over excessive foreign exchange moves, while the BoJ’s meeting minutes revealed that policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast. South Korean shares declined marginally after data showed South Korea's consumer sentiment dropped sharply this month to hit the weakest level in more than two years, while the country's main opposition party said it will start impeachment proceedings against Prime Minister and Acting President Han Duck-soo.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,393.53

42.27

1.25

Hang Seng

20,098.29

215.16

1.07

Jakarta Composite

7,065.75

-30.70

-0.43

KLSE Composite

1,602.99

6.79

0.43

Nikkei 225

39,036.85

-124.49

-0.32

Straits Times

3,769.55

17.22

0.46

KOSPI Composite

2,440.52

-1.49

-0.06

Taiwan Weighted

23,120.24

15.70

0.07

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:

×