The Nikkei 225 Future is trading at 21,563.00 up with +0.53% percent or +113.00 point . The NSE Nifty Future is trading at 10,724.00 with a loss of -0.96% percent or -120.9 point. The Hang Seng Future is trading at 26,173.50 with a loss of -2.21% percent or -591.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei closed at more than a five-week low on Thursday as chip-related stocks were hit after Canada arrested a top executive of Chinese tech giant Huawei at the request of the United States, threatening a new spike in Sino-U.S. tensions.
Losses intensified later in the session as index heavyweight SoftBank Group Corp 9984.T tumbled, hit by the news about Huawei and a partial disruption to its mobile phone service.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,027.07with a loss of -3.10% percent or -799.36 point. The S&P 500 is trading at 2,700.06 with a loss of – 3.24% percent or -90.31 point. The Nasdaq Composite is trading at 7,158.43 with a loss of -3.80% percent or -283.09 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,501.62 with a loss of -1.91% percent or -417.71 point. Hong Kong’s Hang Seng is trading at 26,098.07 with a loss of -2.69% percent or -721.61 point. China’s Shanghai Composite is trading at 2,605.18 with a loss of -1.68% percent or -44.62 point. India’s BSE Sensex is trading at 35,556.84 with a loss of -0.90% percent or -322.53 point at 12:15 PM.