The Nikkei 225 Future is trading at 22,460.00 with a loss of -0.09% percent or -20.00 point .The NSE Nifty Future is trading at 10,771.70 up with +0.48% percent or +51.80 point. The Hang Seng Future is trading at 29,662.00 up with +0.99% percent or +291.00 point.
TODAY’S FACTORS AND EVENTS
Asian markets struggled to recover Wednesday from the previous day’s losses, with indexes around the region mixed in early trading.
Chinese stocks fared the worst, adding to Tuesday’s plunge and moving them closer to bear-market territory. The Shanghai Composite SHCOMP, +0.27% was off 0.9%, with utilities and energy again noted laggards. After a 5.8% plunge Tuesday, the Shenzhen Composite 399106, +1.16% was off 0.8%.
Hong Kong stocks HSI, +0.77% retreated after starting modestly higher, after Tuesday’s selling left the Hang Seng near 2018’s closing low. Major insurer AIA1299, +2.45% was an early standout, rising 1.1%. Meanwhile, ZTE0763, +20.00% was up 6% following Tuesday’s 25% plunge. The stock has yet to finish higher since last week’s trading resumption, sinking 62% in its first four days of trading.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,700.21 with a loss of -1.15% percent or -287.26 point. The S&P 500 is trading at 2,762.59 with a loss of -0.40% percent or -11.16 point. The Nasdaq Composite is trading at 7,725.58 with a loss of -0.28% percent or -21.44 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,555.43 up with +1.24% percent or +276.95 point. Hong Kong’s Hang Seng is trading at 29,718.61 up with +0.85% percent or +250.46 point. China’s Shanghai Composite is trading at 2,915.73 up with +0.27% percent or +7.91 point. India’s BSE Sensex is trading at +35,522.94 up with 0.67% percent or +236.20 point at 12:15 PM.