Nikkei Futures Opening Update as on 18 Feb. 2020

The Nikkei 225 Future is trading at 23,088.00 with  a loss of -0.48% percent or –112.00  point.The  Nifty Future is trading at 11,926.50 with a loss of -1.23% percent or -147.95 point. The Hang Seng Future is trading at 27,462.50 up with -1.36% percent or -379.50 point.

TODAY’S FACTORS AND EVENTS

Japanese shares fell on Tuesday, with the broad Topix index finishing at its weakest in nearly four months, as investors sold tech firms after Apple Inc AAPL.O warned it will likely miss quarterly revenue targets due to the coronavirus outbreak.

The benchmark Nikkei average .N225 fell 1.4% to a two-week low of 23,193.80, while the Topix index .TOPX dropped 1.3% to 1,665.71, its lowest close since late October.

All but one of the 33 sector sub-indexes on the Tokyo Stock Exchange were trading lower, with electric machinery .IELEC.T , metal products .IMETL.T and machinery .IMCHN.T , becoming the worst three performers.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 23,193.80 with a loss of –1.40% percent or –329.44   point. the  nifty closed at 11,916.35 with a loss of –1.08% percent or –129.90  point.Hong Kong’s Hang Seng is trading at 27,548.10 with a loss of  –1.47% percent or –411.50 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 23,193.80 with a loss of –1.40% percent or –329.44 point. Hong Kong’s Hang Seng is trading at 27,565.67 with a loss of –1.41% percent or –393.93 point. China’s Shanghai Composite is trading at 2,984.97 up with +0.045% percent or  +1.35 point. India’s BSE Sensex is trading at 40,628.05 with a loss of –1.04% percent or –427.64 point at 12:15 PM.