SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly lower in early deals on Thursday

02 Jan 2025 Evaluate
Most of the Asian markets traded lower in early deals on Thursday, amid cautiousness ahead to a slew of data from the region later in the week. Market sentiments dulled amidst woes over China’s growth outlook, the Fed’s policy path, and US President-elect Trump’s agenda. Sharp selloff in technological and financial sector stocks saddled the indices. Hang Seng tumbled the most among Asian indices, marking its lowest in four weeks. Stock market of Japan remained closed for market holiday.

Hang Seng tumbled by 297.10 points 1.50% to 19,762.85, Straits Times down by 4.20 points 0.11% to 3,783.40, Taiwan Weighted slipped by 308.76 points or 1.34% to 22,726.34, KOSPI Index increased by 8.29 points or 0.35% to 2,391.20, Shanghai Composite shrunk by 35.26 points or 1.06% to 3,316.50, and FTSE Bursa Malaysia KLCI dipped by 10.57 points or 0.64% to 1,631.76.

On the flip side, Jakarta Composite rose by 51.44 points or 0.73% to 7,131.35.

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:

×