SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly higher ahead of Fed meeting

30 Oct 2013 Evaluate

Most of the Asian equity markets are trading in the green in the morning deals on Wednesday ahead of the outcome of the Federal Reserve's two-day policy meeting later in the day. The Fed is largely expected to continue its $85 billion monthly asset purchase program at the current pace when it announces its decision, although traders will be looking for any indications regarding future tapering. Back on regional turf, Japanese Nikkei edged higher by around a percent on weaker yen. Moreover, industrial production in Japan climbed a seasonally adjusted 1.5 percent in September compared to the previous month, reversing the previous month’s contraction.

Shanghai Composite surged 16.21 points or 0.76% to 2,145.07, Hang Seng strengthened 196.85 points or 0.86% to 23,043.39, Nikkei 225 soared 136.04 points or 0.95% to 14,462.02, Straits Times increased 7.80 points or 0.24% to 3,216.62, Seoul Composite gained 1.49 points or 0.07% to 2,053.25 and Taiwan Weighted was up by 12.54 points or 0.15% to 8,433.52.

On the flip side, Jakarta Composite declined 11.28 points or 0.25% to 4,551.49 and KLSE Composite was down by 1.90 points or 0.10% to 1,813.75. 

 

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:

×