Nikkei Futures Opening Update as on 02 Jan. 2020

The Nikkei 225 Future is trading at 23,605.00 up with +0.69% percent or +162.50 point.The  Nifty Future is trading at 12,322.50 up with +0.58% percent or +70.60 point. The Hang Seng Future is trading at 28,581.00 with +1.05% percent or +296.50  point.

TODAY’S FACTORS AND EVENTS

Asian equities markets were mixed on Tuesday, the last day of the year, buoyed by positive economic news out of China and the likelihood that a phase one trade deal between the U.S. and China will be signed within days.

China’s Shanghai Composite rose 0.07% by 09:01 PM ET (02:01 GMT) and the Shenzhen Component was up 0.12%.

China’s official manufacturing Purchasing Managers’ Index (PMI) showed a positive reading for the second month in a row and slightly ahead of expectations. The manufacturing PMI by the National Bureau of Statistics (NBS) produced a reading for December of 50.2, in line with the November reading.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 23,656.62 with a loss of –0.76% percent or –181.10 point.the  nifty closed at 12,265.30 up with 0.68% percent or +82.80 point. Hong Kong’s Hang Seng is trading at 28,517.25 up with +1.16% percent or +327.50  point.

WORLD MARKETS

For the day the Dow is trading at 28,538.44  with a loss of –0.37% percent or –106.82 point. The S&P 500 is trading at 3,230.78 up with +0.29% percent or +9.49 point. The Nasdaq Composite is trading at 8,972.60 up with +0.30% percent or +26.61  point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,656.62 with a loss of –0.76% percent or -181.10 point. Hong Kong’s Hang Seng is trading at 28,502.44 up with 1.11% percent or +312.69 point. China’s Shanghai Composite is trading at 3,086.10 up with +1.18% percent or +35.98   point. India’s BSE Sensex is trading at 41,520.30 up with +0.52% percent or +214.28 point at 12:15 PM.