The Nikkei 225 Future is trading at 23,520.00 up with +0.94% percent or +220.00 point.The Nifty Future is trading at 11,557.80 with a loss of -0.33% percent or -3.75point. The Hang Seng Future is trading at 24,904.00 with a loss of -0.61% percent or -153.00 point.
TODAY’S FACTORS AND EVENTS
Japan’s equity benchmark Nikkei Stock Average gained 1% on Thursday to regain its pre-pandemic level for the first time.
The Nikkei index rose 218 points to close at 23,465, a six-and-a-half month high that puts investors where they were before the coronavirus sent the market tumbling in February.
The Nikkei index, when converted to dollars, also reached its highest point since 1990, when the country’s famed bubble economy was deflating.
Japanese Chief Cabinet Secretary Yoshihide Suga officially announced his candidacy to succeed Prime Minister Shinzo Abe on Wednesday.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 29,100.50 up with 1.59% percent or +454.84 point. The S&P 500 is trading at 3,580.84 up with +1.54% percent or +54.19 point. The Nasdaq Composite is trading at 12,056.44 up with +0.98% percent or +116.78 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,465.53 up with +0.94% percent or +218.38 point. Hong Kong’s Hang Seng is trading at 25,007.60 with a loss of –0.45% percent or –112.49 point. China’s Shanghai Composite is trading at 3,384.98 with a loss of –0.58% percent or –19.82 point. India’s BSE Sensex is trading at 39,117.26 with +0.080% percent or +31.23 point at 12:15 PM.