The Nikkei 225 Future is trading at 21,378.00 up with +1.08% percent or +228.00 point.The NSE Nifty Future is trading at 11,639.50 up with +1.12% percent or +128.80 point. The Hang Seng Future is trading at 28,810.00 up with +0.95% percent or +270.00 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei dropped on Wednesday, pressured by companies going ex-dividend even as the downside was limited by a nervous calm over signs of deteriorating prospects for the U.S. economy.
Companies whose business years end in March went ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout.
Market participants estimated the effect of the resulting adjustment to prices would take off about 180 points from the Nikkei benchmark index.
For the day the Dow is trading at 25,657.73 up with +0.55% percent or +140.90 point. The S&P 500 is trading at 2,818.46 up with +0.72% percent or +20.10 point. The Nasdaq Composite is trading at 7,691.52 up with +0.71% percent or +53.98 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,378.73 with a loss of -0.23% percent or -49.66 point. Hong Kong’s Hang Seng is trading at 28,732.72 up with +0.58% percent or +165.81 point. China’s Shanghai Composite is trading at 3,022.72 up with +0.85% percent or +25.62 point. India’s BSE Sensex is trading at 38,445.07 up with +0.55% percent or +211.66 point at 12:15 PM.