The Nikkei 225 Future is trading at 20,717.00 with a loss of -0.01% percent or -3.00 point . The NSE Nifty Future is trading at 11,095.00 up with +0.04% percent or +4.70 point. The Hang Seng Future is trading at 27,833.00 up with +0.03% percent or +7.00 point.
TODAY’S FACTORS AND EVENTS
Japanese stocks fell on concerns about slowing corporate earnings growth, though SoftBank Group allayed some of the anxiety as its shares jumped after the index-heavy firm announced a share buyback and above-expected third-quarter profits.
Subaru Corp 7270.T was also in the spotlight, rallying 6 percent even though it cut its annual operating profit forecast as the automaker struggled with production issues from a defect in one of its components. Traders said that investors, who had shorted the stock over the past year on concerns about its earnings, covered their short positions. Subaru shares tanked 34 percent last year. Nikkei share average .N225dropped 0.6 percent to 20,751.28.
WORLD MARKETS
For the day the Dow is trading at 25,390.30 with a loss of -0.084% percent or -21.22 point. The S&P 500 is trading at 2,731.61 with a loss of -0.22% percent or -6.09 point. The Nasdaq Composite is trading at 7,375.28 with a loss of -0.36% percent or -26.80 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,751.28 with a loss of -0.59% percent or -122.78 point. Hong Kong’s Hang Seng is trading at 27,990.21 up with +0.21% percent or +59.47 point. China’s Shanghai Composite is trading at 2,618.23 up with +1.30% percent or +33.66 point. India’s BSE Sensex is trading at 36,927.79 with a loss of -0.13% percent or -47.44 point at 12:15 PM.