Nikkei Futures Opening Update as on 17 Feb. 2020

The Nikkei 225 Future is trading at 23,543.00 up with +0.06% percent or +13.00  point.The  Nifty Future is trading at 12,080.20 with a loss of -0.40% percent or -48.85 point. The Hang Seng Future is trading at 27,885.50 up with +1.08% percent or +298.50 point.

TODAY’S FACTORS AND EVENTS

Japanese stocks slid to a 1-1/2-week low on Monday, hurt by a worse-than-expected economic contraction in the December quarter, while worries about the business impact of the coronavirus epidemic continued to weigh on the market.

The Nikkei average .N225 declined 0.7% to 23,523.24 points, its lowest closing since Feb. 5, while the broader Topix .TOPX ended down 0.9% at 1,687.77, also a 1-1/2-week low.

All but two of the 33 sector sub-indexes on the Tokyo Stock Exchange were trading lower, with air transport .IAIRL.T , foods .IFOOD.T and metal products .IMETL.T being the worst three performers.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 23,523.24 with a loss of –0.69% percent or –164.35   point.the  nifty closed at 12,072.90 with a loss of –0.33% percent or –40.55  point. Hong Kong’s Hang Seng is trading at 27,959.60 up with +0.52% percent or +144.00 point.

WORLD MARKETS

For the day the Dow is trading at 29,398.08 with a loss of –0.086% percent or –25.23   point. The S&P 500 is trading at 3,380.16 up with +0.18% percent or +6.22 point. The Nasdaq Composite is trading at 9,731.18 up with +0.20% percent or +19.21 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,523.24 with a loss of –0.69% percent or –164.35 point. Hong Kong’s Hang Seng is trading at 27,961.00 up with +0.52% percent or +145.40 point. China’s Shanghai Composite is trading at 2,983.62 up with +2.28% percent or  +66.61 point. India’s BSE Sensex is trading at 41,136.63 with a loss of –0.29% percent or –118.87 point at 12:15 PM.