The Nikkei 225 Future is trading at 20,627.00 with a loss of -0.01% percent or -3.00 point . The NSE Nifty Future is trading at 10,901.50 with a loss of -0.22% percent or -24.35 point. The Hang Seng Future is trading at 27,089.50 up with +1.20% percent or +320.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei rose on Friday to its best level in a month tracking a rally on Wall Street as hopes of a resolution to the U.S.-China trade dispute boosted risk appetite, while motor maker Nidec trimmed losses after its dismal earnings outlook.
The Nikkei share average .N225 rallied 1.3 percent to 20,666.07, the highest close since Dec. 19. For the week, the index rose 1.5 percent.
Market sentiment was lifted by a Wall Street Journal report that U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback for trade talks scheduled for Jan. 30. but two of the Topix’s 33 subsectors were in the black. Sea transport shares, as well as domestic-demand sectors such as real estate and construction, outperformed.
For the day the Dow is trading at 24,207.16 up with +0.59% percent or +141.57 point. The S&P 500 is trading at 2,616.10 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at +7,034.69 up with +0.15% percent or +10.86 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,402.27 with a loss of -0.20% percent or -40.48 point. Hong Kong’s Hang Seng is trading at 26,799.15 with a loss of -0.38% percent or -102.95 point. China’s Shanghai Composite is trading at 2,559.64 with a loss of -0.42% percent or -10.79 point. India’s BSE Sensex is trading at 36,329.46 up with +0.022% percent or +8.17 point at 12:15 PM.