The Nikkei 225 Future is trading at 22,240.00 with a loss of -0.27% percent or -60.00 point . The NSE Nifty Future is trading at 11,460.00 with a loss of -0.24% percent or -27.55 point. The Hang Seng Future is trading at 28,240.00 with a loss of – 1.01% percent or -288.00 point.
TODAY’S FACTORS AND EVENTS
Asian stock markets dropped in early trading Friday, as trade and broader geopolitical concerns continue to weigh on over investor sentiment.
Japan’s Nikkei NIK, -1.33% was off 0.5% and barely hanging on to a weekly gain. Tokyo Electron 8035, -3.55% was down 3.5% and Nintendo 7974, -2.41% was off more than 1%. Inpex 1605, -3.93% dropped 3.6% as Brent crude futuresLCOV8, -0.37% fell to their lowest level in almost a month. That came as the dollar USDJPY, -0.20% remained just above ¥111 following Japan’s better-than-expected second-quarter GDP report — which had little impact on local markets. Yields for 10-year Japanese government bonds were off a half-basis-point at 0.105%.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,509.23 with a loss of -0.29% percent or -74.52 point. The S&P 500 is trading at 2,853.58 with a loss of -0.14% percent or -4.12 point. The Nasdaq Composite is trading at 7,891.78 up with +0.044% percent or +3.46 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,298.08 with a loss of -1.33% percent or -300.31 point. Hong Kong’s Hang Seng is trading at 28,397.71 with a loss of -0.73% percent or -209.59 point. China’s Shanghai Composite is trading at 2,795.31 up with +0.033% percent or +0.93 point. India’s BSE Sensex is trading at 37,957.63 with a loss of -0.18% percent or -66.74 point at 12:15 PM.