The SGX Nifty Future is trading at 10,495.00 up with 1.98% percent or +500.56 point. The Nikkei 225 Future is trading at 22,663.00 up with +0.37% percent or +83.00 point . The Hang Seng Future is trading at 25,729.00 up with +2.15% percent or +541.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity indices may have seen a solid bounce on Friday after Thursday’s merciless correction, but the worries have not really gone away overnight.
The weakness in the domestic equity market in recent weeks has hit investors really hard. The Indian market has been the worst performer in an area that spans China, down 3 per cent, Australia, down near 5 per cent, Indonesia and Singapore, less than 2 per cent. Bangladesh has lost only 1.82 per cent of market value in a month, while the Thai market has actually gained 1 per cent.
For the day the Dow is trading at 25,052.83 with a loss of -2.13% percent or -545.91 point. The S&P 500 is trading at 2,728.37 with a loss of -2.06% percent or -57.31 point. The Nasdaq Composite is trading at 7,329.06 with a loss of -1.25% percent or -92.99 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,694.66 with +0.46% percent or +103.80 point. Hong Kong’s Hang Seng is trading at 25,711.91 up with +1.76% percent or +445.54 point. China’s Shanghai Composite is trading at 2,607.49 up with +0.93% percent or +24.04 point. India’s BSE Sensex is trading at 34,692.41 up with +2.03% percent or +691.26 point at 12:15 PM.