Signs of excellent recovery from global market, bullish trend in Asian market too
New Delhi. There are signs of excellent recovery from the global market today. The US market managed to close strongly during the last session. However, Dow Johns Futures currently seems to be trading in decline. Buying continued in the European market also during the last session. At the same time, there is a bullish trend in the Asian market today.
There was a buying trend in the US market during the last session, due to which the Wall Street indices were successful in closing strongly. The S&P 500 index jumped 0.78 percent to close at 6,869.50 points. Similarly, Nasdaq ended the last session’s trading at the level of 22,815.87 points with a gain of 299.18 points or 1.33 percent. At the same time, Dow Johns Futures is currently seen trading at the level of 48,555.21 points with a weakness of 184.20 points or 0.38 percent.
There was continuous buying in the European market also during the last session. The FTSE index closed at 10,567.65 points with a gain of 83.52 points or 0.79 percent. Similarly, the CAC index ended the last session’s trading at the level of 8,167.73 points with a rise of 0.78 percent. Apart from this, DAX index took a big jump of 414.71 points or 1.71 percent and closed at the level of 24,205.36 points.
All-round buying is being seen in the Asian market today. All nine market indices in Asia are trading firmly in the green. GIFT Nifty is trading at the level of 24,655 points with a slight rise of 0.07 percent. Similarly, the Straits Times Index has jumped 0.59 percent to reach the level of 4,841.18 points. After Wednesday’s huge fall in the Kospi index, a spectacular recovery is visible today. At present this index has reached the level of 5,515.60 points with an increase of 422.06 points or 7.65 percent.
Similarly, Taiwan Weighted Index has reached the level of 33,596.48 points with a jump of 767.60 points or 2.28 percent. Apart from this, Set Composite Index gained 1.79 percent at the level of 1,409.82 points, Jakarta Composite Index gained 113.88 points or 1.50 percent at the level of 7,690.94, Nikkei Index gained 739.46 points or 1.36 percent at the level of 54,985 points, Shanghai Composite Index The index has jumped 0.84 percent and is trading at the level of 4,116.77 points and the Hang Seng index has jumped 178.52 points or 0.70 percent and is trading at the level of 25,428 points.
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