Nikkei Futures Opening Update as on 22 August 2018

The Nikkei 225 Future is trading at 22,338.00 with a loss of -0.98% percent or -222.00  point . The NSE Nifty Future is trading at 11,604.50 up with +0.14% percent or +16.75 point. The Hang Seng Future is trading at 27,856.50 up with +0.83% percent or +229.50 point.

TODAY’S FACTORS AND EVENTS

With a number of Southeast Asian markets closed for a holiday, equities in the rest of the Asia-Pacific region generally continued their winning ways in early trading Wednesday. But S&P 500 futures ESU8, -0.21%   were down 0.2% in the wake of the fresh political storm encircling President Donald Trump with Paul Manafort’s conviction and Michael Cohen’s guilty pleas.

Chinese stocks opened slightly lower after two days of 1%-plus gains, reversing some of last week’s sharp declines. The Shanghai Composite SHCOMP, -0.70%   was off 0.4%, while the Shenzhen Composite 399106, -1.14%   was down 0.6%. Consumer names were modestly underperforming in initial trading while financials were little changed.

PREVIOUS DAY ACTIVITY

   
 For the day Nikkei 225 is trading at 22,362.55 up with +0.64% percent or +142.82 point. the nifty closed at 11,570.90 up with +0.17% percent or +19.15 point. Hong Kong’s Hang Seng is trading at 27,928.95 up with +0.63% percent or +176.16 point. 

WORLD MARKETS

For the day the Dow is trading at 25,822.29 up  with +0.25% percent or +63.60 point. The S&P 500 is trading at 2,862.96 up with +0.21% percent or +5.91 point. The Nasdaq Composite is trading at 7,859.17 up with +0.49% percent or +38.17  point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,362.55 up with +0.64% percent or +142.82 point. Hong Kong’s Hang Seng is trading at 27,862.52 up with +0.40% percent or +109.73 point. China’s Shanghai Composite is trading at 2,713.36  with a loss of -0.75% percent or -20.46  point. India’s BSE Sensex is trading at 38,285.75  up with +0.018% percent or  +7.00  point at 12:15 PM.