Nikkei Futures Opening Update as on 31 May 2018

The Nikkei 225 Future is trading at 22,190.00 up with +0.73% percent or   +160.00 point .The NSE Nifty Future is trading at 10,658.80 up with +0.51%  percent or  +54.35 point.  The Hang Seng Future is trading at 30,348.00 up  with +1.62% percent or +532.00 point.

TODAY’S FACTORS AND EVENTS

Japanese stocks opened with solid gains. But the yen was rising anew in early Asian trading, with the dollar USDJPY, -0.12%   back below ¥108.75 after changing hands at ¥108.90 in late New York action. The stock index has fallen five of the past seven days, notching a six-week closing low yesterday.

Chinese stock indexes started with among the biggest gains in the region, rising some 1% after posting among the largest declines Wednesday at 2.5%. That came as manufacturing PMI showed unexpected strength for May. Just the same, Chinese equities have gotten oversold with six straight days of declines; the Shanghai Composite Index SHCOMP, +1.78%   on Wednesday set a 19-month closing low while notching its first six-day losing streak in 4½ years

PREVIOUS DAY ACTIVITY

   
Asia  market were higher on Wednesday. For the day Nikkei 225 is trading at 22,201.82 up with +0.83% percent or +183.30 point.  the nifty closed at 10,676.90 up with +0.59% percent or +62.55 point.Hong Kong’s Hang Seng is trading at 30,468.21 up with +1.37% percent or +411.42 point. 

WORLD MARKETS

For the day the Dow is trading at 24,667.78 up with +1.26% percent or  +306.33 point. The S&P 500 is trading at 2,724.01 up with +1.27% percent or +34.15 point. The Nasdaq Composite is trading at 77,462.45 up with +0.89% percent or  +65.86 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,647.99 up with +1.50% percent or +24.34 point; the S&P 600 Small-Cap Index closed at 1,018.46 up with +1.42% percent or +14.29 point; the S&P 400 Mid-Cap Index closed at 1,967.96 up with +1.48% percent or +28.72 point; the S&P 100 Index closed at 1,194.90 up with +1.23% percent or +14.56 point; the Russell 3000 Index closed at 1,622.14 up with +1.28% percent or +20.52 point; the Russell 1000 Index closed at 1,512.79 up with +1.26% percent or  +18.86 point;