Nikkei Futures Opening Update as on 31 October 2018

The Nikkei 225 Future is trading at 21,860.00 with a loss of  -0.09% percent or -20.00 point .The NSE Nifty Future is trading at 10,251.50 up with +0.22% percent or +24.00 point.  The Hang Seng Future is trading at 24,899.50 up with +0.72% percent or +177.50 point.

TODAY’S FACTORS AND EVENTS

The Bank of Japan (BoJ) kept monetary policy steady on Wednesday and cut its price forecasts, reinforcing market expectations that subdued inflation will force it to maintain its massive stimulus programme for the time being. Nikkei share average .N225 rose 2.2 percent to 21,920.46, the highest closing level since Oct. 24.

With the Nikkei falling 12 percent from its 27-year peak hit on Oct. 2, “valuations have fallen, which have triggered bargain hunting,” said Nobuhiko Kuramochi, a strategist at Mizuho Securities.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 21,920.46 up with +2.16% percent or +463.17  point. the nifty closed at 10,242.60 up with +0.43% percent or +44.20 point.Hong Kong’s Hang Seng is trading at 24,929.57 up with +1.40% percent or +344.04 point.

WORLD MARKETS

For the day the Dow is trading at 24,874.64  up with +1.77% percent or  +431.72 point. The S&P 500 is trading at 2,682.63 up with +1.57% percent or +41.38 point. The Nasdaq Composite is trading at 7,161.65 up with +1.58% percent or +111.36 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,920.46 up with +2.16% percent or +463.17 point. Hong Kong’s Hang Seng is trading at 24,853.95  up with +1.09% percent or +268.42 point. China’s Shanghai Composite is trading at 2,602.78 up  with +1.35% percent or  +34.74 point. India’s BSE Sensex is trading at 33,961.56 up with +0.21% percent or +70.43 point at 12:15 PM.

Updates

updates@nikkeifutures.org

You may also like...

Rules of Discussion on Nikkei Futures Opening Update as on 31 October 2018

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.