The Nikkei 225 Future is trading at 21,408.00 up with +0.08% percent or +18.00 point .The NSE Nifty Future is trading at 11,474.20 up with +0.03% percent or +3.80 point. The Hang Seng Future is trading at 29,442.50 up with +1.37% percent or +396.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei rose on Monday as chip-related stocks tracked strength in their U.S. peers, but weak February export data checked the market’s upside.
The Nikkei share average .N225 ended 0.6 percent higher to 21,584.50.
U.S. stocks rallied on Friday, with the S&P 500 posting its best weekly gain since the end of November, while tech shares led Nasdaq to its best weekly rise this year.
Among Japanese chip-related stocks, Sumco Corp 3436.T surged 3.9 percent, Tokyo Electron 8035.T added 3.2 percent and Advantest Corp 6857.T gained 2.1 percent.
Index-heavyweights also rallied, with SoftBank Group Corp 9984.T climbing 1.2 percent and Fanuc Corp 6954.T up 1.6 percent.
WORLD MARKETS
For the day the Dow is trading at 25,848.87 up with +0.54% percent or +138.93 point. The S&P 500 is trading at 2,822.48 up with +0.50% percent or +14.00 point. The Nasdaq Composite is trading at 7,688.53 up with +0.76% percent or +57.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,584.50 up with +0.62% percent or +133.65 point. Hong Kong’s Hang Seng is trading at 29,298.97 up with +0.99% percent or +286.71 point. China’s Shanghai Composite is trading at 3,094.80 up with +2.42% percent or +73.05 point. India’s BSE Sensex is trading at 38,032.99 up with +0.023% percent or +8.67 point at 12:15 PM.