Nikkei Futures Opening Update as on 16 November 2018

The Nikkei 225 Future is trading at 21,678.00  up with +0.13% percent or +28.00 point . The NSE Nifty Future is trading at 10,692.30 up with +0.58% percent or +61.75 point. The Hang Seng Future is trading at 26,091.00 up with +0.17% percent or +44.00 point.

TODAY’S FACTORS AND EVENTS

apan’s Nikkei fell on Friday as a drop in semiconductor-related stocks weighed after U.S. chip designer Nvidia Corp NVDA.O disappointed the market with worse-than-expected earnings, while Nintendo also fell sharply.

Gaming giant Nintendo Co 7974.T , which uses Nvidia’s Tegra processors for its Switch consoles, stumbled 9.1 percent to post its biggest daily drop since July 2016. Traders said Nvidia’s results raised concerns about Switch’s potentially weak sales.

Nintendo was the most-traded stock by turnover and closed at 31,860, its lowest closing level since May 2017.

The Nikkei share average .N225 ended 0.6 percent lower at 21,680.34.

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PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 21,680.34  with a loss of -0.57% percent or -123.28  point. the nifty closed at 10,686.55 up with +0.66% percent or  +69.85 point.Hong Kong’s Hang Seng is trading at 26,128.51 up with +0.096% percent or +25.17 point.

WORLD MARKETS

For the day the Dow is trading at 25,289.27 up with +0.83% percent or  +208.77 point. The S&P 500 is trading at 2,730.20 up with +1.06% percent or +28.62 point. The Nasdaq Composite is trading at 7,259.03  up with +1.72% percent or +122.64 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,680.34  with a loss of -0.57% percent or -123.28 point. Hong Kong’s Hang Seng is trading at 26,093.07  with a loss of -0.039% percent or -10.27 point. China’s Shanghai Composite is trading at 2,679.11 up with +0.41% percent or  +10.94 point. India’s BSE Sensex is trading at 35,452.76 up with +0.55% percent or +192.22 point at 12:15 PM.

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