Nikkei Futures Opening Update as on 18 August. 2020

The Nikkei 225 Future is trading at 23,005.00 with a loss of -0.32% percent or -75.00 point.The  Nifty Future is trading at 11,330.20 up with +0.55% percent or +62.05 point. The Hang Seng Future is trading at 25,300.50 up with +0.72% percent or +0.03% point.

TODAY’S FACTORS AND EVENTS

“The earnings season is over and they weren’t really supportive of a strong market rally we have seen. The market has been just bolstered by rally in Wall Street shares,” said Masato Kogure, leader of execution group for institutional sales at Tokai Tokyo Securities.

Net profits of listed Japanese firms fell more than 50% from a year earlier in the previous quarter, with only pharmaceutical and food companies expecting profit growth in the financial year to next March, analysts at Okasan Securities said in a report.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 23,051.08  with a loss of –0.20% percent or -45.67  point.the  nifty closed at 11,319.80 up with +0.65% percent or +72.70 point.Hong Kong’s Hang Seng is trading at 25,315.91 with a loss of –0.12% percent or -31.43  point.

WORLD MARKETS

For the day the Dow is trading at 27,844.91 with a loss of -0.31% percent or ?86.11 point. The S&P 500 is trading at 3,381.99 up with +0.27% percent or +9.14 point. The Nasdaq Composite is trading at 11,129.73 up with +1.00% percent or +110.42 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,051.08 with a loss of –0.20% percent or –45.67 point. Hong Kong’s Hang Seng is trading at 25,308.80 with a loss of –0.15% percent or –38.54 point. China’s Shanghai  Composite is trading at 3,451.09 up with +0.36% percent or +12.29 point. India’s BSE Sensex is trading at 38,266.09 up with +0.57% percent or +0.57%  point at 12:15 PM.