The Nikkei 225 Future is trading at 22,590.00 with a loss of -0.04% percent or -10.00 point .The NSE Nifty Future is trading at 10,776.70 with a loss of – 0.13% percent or -13.95 point. The Hang Seng Future is trading at 29,301.00 with a loss of -1.23% percent or -364.00 point.
TODAY’S FACTORS AND EVENTS
apan’s Nikkei NIK, +0.61% ended morning trading up 0.8% amid yen weakness. Chinese large caps were up similarly, but Korea’s Kospi SEU, -1.10% was barely lower and Southeast Asia was lagging.
After opening with a modest drop, the Nikkei turned higher with the dollarUSDJPY, +0.18% adding to session highs, topping ¥110.40. Machinery was the best-performing sector, up 1.1%, in an apparent sign of cooled investor fears about trade. Meanwhile, SoftBank 9984, +4.63% was up 1.5% following its annual meeting in Tokyo on Wednesday. CEO Masayoshi Son called the company’s shares undervalued compared with the value of its holdings in tech giants such as Alibaba
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,657.80 with a loss of -0.17% percent or -42.41 point. The S&P 500 is trading at 2,767.32 up with +0.17% percent or +4.73 point. The Nasdaq Composite is trading at 7,781.51 up with +0.72% percent or +55.93 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,693.04 up with +0.61% percent or +137.61 point. Hong Kong’s Hang Seng is trading at 29,376.37 with a loss of -1.08% percent or -319.80 point. China’s Shanghai Composite is trading at 2,875.81 with a loss of -1.37% percent or -39.92 point. India’s BSE Sensex is trading at 35,571.64 up with +0.068% percent or +24.31 point at 12:15 PM.