The Nikkei 225 Future is trading at 22,580.00 with a loss of -0.09% percent or -20.00 point .The NSE Nifty Future is trading at 10,987.00 with a loss of -0.38% percent or -42.00 point. The Hang Seng Future is trading at 28,524.00 with a loss of -0.12% percent or -34.00 point.
TODAY’S FACTORS AND EVENTS
Stocks in Asia fell Monday following Chinese economic data which suggested that the world’s second largest economy may be losing steam.
China’s economy expanded 6.7% year-on-year in the second quarter, slowing from 6.8% in the previous quarter, Dow Jones Newswires reported. The figure was in line with expectations but the slower number comes at a time when Beijing is gearing up for a trade fight with the U.S.
Industrial output grew 6% in June, noticeably slowing from 6.8% in May.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,019.41 up with +0.38% percent or +94.52 point. The S&P 500 is trading at 2,801.31 up with +0.11% percent or +3.02 point. The Nasdaq Composite is trading at 7,825.98 up with +0.026% percent or +2.06 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,597.35 up with +1.85% percent or +409.39 point. Hong Kong’s Hang Seng is trading at 28,533.61 up with +0.029% percent or +8.17 point. China’s Shanghai Composite is trading at 2,814.04 with a loss of -0.61% percent or -17.14 point. India’s BSE Sensex is trading at 36,487.65 with a loss of -0.15% percent or -53.98 point at 12:15 PM.