SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Most of Asian markets conclude Tuesday’s trade in red

17 Sep 2013 Evaluate

Most of the Asian markets barring KLSE Composite and Straits Times concluded Tuesday’s trade in red ahead of the US Federal Reserve’s policy meeting, with Japan weighed down by a stronger yen. The meeting is important as regional markets were subject to a number of selloffs in the summer, especially in Southeast Asia, as investors became worried that the Fed could change direction on stimulus. Shanghai’s industrial production grew faster in August while fixed-asset investment and inflation growth both quickened a little, the city’s statistics bureau stated. Industrial production grew 4.7 percent from a year earlier to 270 billion yuan ($43.5 billion) last month, accelerating from the pace of 2.5 percent in July and 0.9 percent in June.

Besides, sales of new homes rose to an 11-week high in Shanghai last week amid robust buying in the mid to low-end segments. The purchases of new homes, excluding government-funded affordable housing, jumped over 10 percent from the previous week to 285,600 square meters during the seven-day period ended on Sunday. Foreign direct investment (FDI) into China rose 6.37 percent year-on-year in the first eight months of 2013, adding it was a sign of investor confidence in the world’s second-biggest economy. Incoming FDI, which excludes financial sectors, reached $79.77 billion for the January-August period.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2185.56

-45.84

-2.05

Hang Seng

23180.52

-71.89

-0.31

Jakarta Composite

4517.62

-4.62

-0.10

KLSE Composite

1774.94

4.14

0.23

Nikkei 225

14311.67

-93.00

-0.65

Straits Times

3180.92

1.44

0.05

KOSPI Composite

2005.58

-7.79

-0.39

Taiwan Weighted

8249.78

-5.56

-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:

×