SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets conclude Tuesday’s trade mostly in green

24 Dec 2013 Evaluate

The Asian markets barring Taiwan Weighted concluded Tuesday’s trade in green with Japanese shares touching a six-year high, helped by a weaker yen and propelled steadily upward as investors looked to developed Asia for returns, indicating growing faith in Japan’s reform agenda. China’s interbank money rates rose yesterday despite the central bank’s injection of 300 billion yuan ($49.1 billion) last week because banks need to amass cash to meet year-end regulatory requirement. China’s local government debt may have doubled in the previous two years to an alarming level of nearly 20 trillion yuan ($3.3 trillion) by the end of 2012. The combined debt of central and local governments totaled nearly 28 trillion yuan, or 53% of last year’s gross domestic product.

Besides, home prices in the largest cities may peak in the first quarter and drop at the end of next year. The price of homes in large Chinese cities continued to rise from a year earlier in November. New home prices increased month on month in 66 of the 70 major cities monitored by the government last month, up from 65 in October. In Hong Kong, overall consumer prices rose 4.3% year-on-year in November, matching October’s figure. Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 4%, also matching October’s figure.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2092.91

3.20

0.15

Hang Seng

23179.55

257.99

1.13

Jakarta Composite

4202.83

13.23

0.32

KLSE Composite

1835.49

2.63

0.14

Nikkei 225

15889.33

18.91

0.12

Straits Times

3127.29

11.07

0.36

KOSPI Composite

2001.59

4.70

0.24

Taiwan Weighted

8450.49

-5.97

-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:

×