SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Most of the Asian markets conclude Friday’s trade in green

06 Sep 2013 Evaluate

Most of the Asian markets barring Nikkei 225 and Taiwan Weighted concluded Friday’s trade in green. Japan’s Nikkei fell snapping a four-day winning streak, as investors opted to book profits from a recent sharp rally in real estate and construction firms as doubts emerged on Tokyo’s chances of winning its bid to stage the 2020 Summer Olympics. Seoul shares edged higher to a fresh three-month closing high as foreigners extended their buying streak to 11 sessions, though gains were capped as investor’s awaited crucial US jobs data. Foreign investors were net buyers of 423.4 billion won ($385.48 million) of local shares and 1.5 trillion won for the week.

Japan’s index of leading economic indicators rose less-than-expected last month, official data showed. The Cabinet Office stated that Japan’s index of leading economic indicators rose to a seasonally adjusted 107.8, from 107.2 in the preceding month whose figure was revised up from 107.0. Singapore overtook Japan as Asia’s biggest foreign-exchange center for the first time as trading surged in the past three years, the city’s central bank reported, citing a survey by the Bank for International Settlements. Separately, China re-launched trade of its treasury bond futures today, 18 years after banning it following a multi-billion-yuan trading scandal. The three five-year treasury bond futures contracts started trading on the Shanghai-based China Financial Futures Exchange.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2139.99

17.56

0.83

Hang Seng

22621.22

23.25

0.10

Jakarta Composite

4072.35

21.49

0.53

KLSE Composite

1723.80

2.83

0.16

Nikkei 225

13860.81

-204.01

-1.45

Straits Times

3048.35

8.90

0.29

KOSPI Composite

1955.31

3.66

0.19

Taiwan Weighted

8164.20

-4.90

-0.06

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:

×