SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian markets trade mostly higher on bargain hunting

21 Feb 2014 Evaluate

Asian equity markets, barring Shanghai Composite are trading higher in the morning deals on Friday, with investors indulging in buying. Some strong earnings reports from the region and bargain hunting after recent losses are also contributing to the positive trend. The Shanghai Composite Index dropped after a preliminary manufacturing index by HSBC Holdings Plc and Markit Economics fell to a seven-month low, also as China Petroleum & Chemical Corp. dropped after the biggest rally since 2009. Japanese market was trading up tracking positive cues from Wall Street and weakness in yen. Among other markets in the Asia-Pacific region, Hong Kong, Singapore, Indonesia, South Korea and Taiwan are trading notably higher. Malaysia is up marginally, while Shanghai is trading weak.

Hang Seng strengthened by 113.91 points or 0.51% to 22,507.99, Jakarta Composite rose 29.86 points or 0.65% to 4,628.08, KLSE Composite increased by 0.38 points or 0.02% to 1,828.19, Nikkei 225 surged by 341.76 points or 2.37% to 14,790.94, Straits Times spurted 17.32 points or 0.56% to 3,103.96, KOSPI Composite 21.06 points or 1.09% to 1,951.63 and Taiwan Weighted was up by 61.43 points or 0.72% to 8,586.05.

On the flip side, Shanghai Composite was down by 20.65 points or 0.97% to 2,118.13.

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:

×