SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly higher on Tuesday

30 Jul 2013 Evaluate

All the Asian equity indices, barring KLSE Composite, are trading higher in Tuesday’s morning deals, as sentiments remained up-beat after Chinese central bank injected funds into money markets via open market operations for the first time since February, easing fears of another cash crunch ahead of the month end after a severe cash squeeze in June caused market panic. South Korean Seoul Composite too was trading in fine fettle after the country’s industrial production grew 0.4 per cent month on month in June, recovering from a 0.1 per cent contraction in May. Meanwhile, investors digested weak economic data from Japan. The nations’ data showed that preliminary industrial output for June fell 3.3 per cent from the prior month, against expectations of a 1.5 per cent drop, and the first decline in five months. However, the nation’s jobless rate fell to 3.9 per cent last month; it’s lowest since late 2008, suggesting some traction in the government’s attempts to stimulate the economy.

Shanghai Composite surged 20.70 points or 1.05% to 1,997.00, Hang Seng rose 146.17 points or 0.67% to 21,996.32, Jakarta Composite jumped 46.18 points or 1.01% to 4,626.64, Nikkei 225 soared 192.08 points or 1.41% to 13,853.21, Straits Times increased 4.62 points or 0.14% to 3,241.59, Seoul Composite added 15.45 points or 0.81% to 1,915.34 and Taiwan Weighted was up by 80.84 points or 1.00% to 8,165.34.

On the flip side, KLSE Composite was down by 3.45 points or 0.19% to 1,795.33. 

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:

×