The Nikkei 225 Future is trading at 22,718.00 up with +2.36% percent or +523.00 point.The Nifty Future is trading at 10,775.50 up with +1.96% percent or +207.50 point.The Hang Seng Future is trading at 26,372.00 up with +4.50% percent or +1,136.00 point.
TODAY’S FACTORS AND EVENTS
Japanese shares rose on Monday as signs of an economic rebound in China boosted shippers and steelmakers, while worries over a spike in COVID-19 cases in some U.S. states were offset by prospects of more policy support to sustain the recovery.
Japan’s Nikkei share average .N225 rose 1.83% to 22,714.44, its highest close since June 10. The broader Topix .TOPX gained 1.60% to 1,577.15.
Cyclical stocks led the gains as Chinese shares jumped more than 5% to a five-year high on hopes of a recovery in the world’s second-largest economy.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,827.36 up with +0.36% percent or +92.39 point. The S&P 500 is trading at 3,130.01 up with +0.45% percent or +14.15 point. The Nasdaq Composite is trading at 10,207.63 up with +0.52% percent or +53.00 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,714.44 up with +1.83% percent or +407.96 point. Hong Kong’s Hang Seng is trading at 26,282.21 up with +3.58% percent or +909.09 point. China’s Shanghai Composite is trading at 3,331.11 up with +5.66% percent or +178.30 point. India’s BSE Sensex is trading at 36,501.09 up with +1.33% percent or +479.67 point at 12:15 PM.