The Nikkei 225 Future is trading at 19,373.00 with a loss of -1.21% percent or -237.00 point.The Nifty Future is trading at 9,112.00 up with +0.93% percent or +83.80 point. The Hang Seng Future is trading at 24,060.50 with a loss of –0.72% percent or -347.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s benchmark Nikkei index ended lower on Wednesday, after touching a month-high in the previous session, due to a selloff in value stocks that took a hit from worries over a looming recession.
Investors still favoured defensive shares such as healthcare, while many cyclical shares with relatively weak growth prospects, such as banks, shippers and steelmakers, underperformed.
The Nikkei share average .N225 fell 0.45% to 19,550.09 on profit-taking after a 3.13% gain on Tuesday.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 23,390.77 with a loss of –1.39% percent or –328.60 point. The S&P 500 is trading at 2,761.63 with a loss of –1.01% percent or –28.19 point. The Nasdaq Composite is trading at 8,192.42 up with +0.48% percent or +38.85 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,638.81 up with 3.13% percent or +595.41 point. Hong Kong’s Hang Seng is trading at 24,450.90 up with +0.62% percent or +150.57 point. China’s Shanghai Composite is trading at 2,827.28 up with +1.59% percent or +44.24 point. India’s BSE Sensex is trading at 30,690.02 with a loss of –1.51% percent or –469.60 point at 12:15 PM.