SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets conclude Thursday’s trade mostly in red

13 Feb 2014 Evaluate

All the Asian markets barring Straits Times, concluded Thursday’s trade in red on account of profit-taking following a weak lead from Wall Street. Japan’s Corporate Goods Price Index fell to a seasonally adjusted annual rate of 2.4%, from 2.5% in the preceding month. Bank Indonesia in its monthly monetary policy meeting decided to keep its benchmark interest rate unchanged. The key policy rate was kept unchanged at 7.50%. The Bank of Korea too held its policy interest rate steady at 2.5% as widely expected, citing contained inflation and continued economic recovery. The central bank hasn’t changed the benchmark rate since May of last year.

Malaysian GDP rose to a seasonally adjusted 5.1%, from 5.0% in the preceding month. Malaysia trimmed its fiscal deficit to 3.9% of gross domestic product last year, after cutting government spending and state subsidies to avert a credit-rating downgrade. Prime Minister Najib Razak narrowed the shortfall from 4.5% of GDP in 2012, beating the government’s 4% deficit target for last year. The country wants to further reduce the budget gap to 3.5% this year and achieve a balanced budget by the end of this decade.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2098.40

-11.55

-0.55

Hang Seng

22165.53

-120.26

-0.54

Jakarta Composite

4491.66

-4.63

-0.10

KLSE Composite

1817.15

-8.49

-0.47

Nikkei 225

14534.74

-265.32

-1.79

Straits Times

 3039.90

4.45

0.15

KOSPI Composite

1926.96

-8.88

-0.46

Taiwan Weighted

8467.70

-43.17

-0.51

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:

×