SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jitters over Syria drags Asian Markets lower in early deals on Wednesday

28 Aug 2013 Evaluate

All the Asian equity indices are trading in the red in early deals on Wednesday on concern the US will take military action against Syria. Speculation of a strike against Syria, also triggered fears over global oil supplies pushing up crude prices to an 18-month high. Moreover, the sentiments across the region also got clobbered out of shape amid worries that the US may pullback on aggressive monetary stimulus that had benefited many of these emerging markets until just a few weeks ago. Sentiments also remained down-beat after Emerging market currencies have been hit hard, with Indonesian rupiah and Thai baht among others at multi-year lows. Indonesia's central bank board will meet on August 29, 2013 in a surprise move amid widespread speculation it will have to raise interest rates again to defend the fast-falling rupiah, now its lowest since April 2009, and its implied volatility at its highest.

Shanghai Composite dipped 5.05 points or 0.24% to 2,098.52, Hang Seng declined 380.49 points or 1.74% to 21,494.28, Jakarta Composite tumbled 102.26 points or 2.58% to 3,865.58, KLSE Composite shed 24.68 points or 1.45% to 1,676.56, Nikkei 225 crumbled 303.34 points or 2.24% to 13,239.03, Straits Times decreased 37.98 points or 1.25% to 2,996.04, Seoul Composite contracted 11.81 points or 0.63% to 1,874.03 and Taiwan Weighted was down by 11.53 points or 0.15% to 7,809.31. 

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:

×