Signs of weakness from global market today, mixed business in Asia
New Delhi. There are signs of weakness from the global market today. US markets closed with losses during the last session. However, Dow Johns Futures seems to be trading with gains today. There was continuous selling pressure in the European market during the last session. At the same time, mixed trading is being seen in the Asian market today.
Due to the ongoing crisis in West Asia, the US market remained under continuous pressure during the last session, due to which the Wall Street indices closed with a decline. The S&P 500 index closed at 6,632.19 points with a weakness of 0.61 percent. Similarly, Nasdaq ended the last session’s trading at the level of 22,105.36 points with a decline of 206.62 points or 0.93 percent. However, Dow Johns Futures is currently seen trading at the level of 46,712.49 points with an increase of 154.02 points or 0.33 percent.
The European market also remained weak during the last session. The FTSE index fell 0.43 percent to close at 10,261.15 points. Similarly, the CAC index fell 0.92 percent and ended the last session’s trading at the level of 7,911.53 points. Apart from this, DAX index closed at the level of 23,447.29 points with a decline of 142.36 points or 0.61 percent.
Mixed trading is happening in the Asian market today. Of the nine markets in Asia, the indices of four are trading strongly in the green, while five indices are in the red with a decline. GIFT Nifty is trading at the level of 23,264 points with a rise of 0.26 percent. Similarly, Hang Seng Index has reached the level of 25,621 points with an increase of 155.40 points or 0.61 percent. Apart from this, the SET Composite Index jumped 0.28 percent and was trading at the level of 1,413.26 points and the Taiwan Weighted Index was trading at the level of 33,403.69 points with a nominal gain of 0.01 percent.
On the other hand, Nikkei index is trading at the level of 53,273 points with a weakness of 546.61 points or 1.03 percent. Similarly, Shanghai Composite Index has slipped 0.72 percent to the level of 4,066.32 points. There is a big decline in the Jakarta Composite Index today. At present this index is trading at the level of 7,019.94 points, falling by 117.27 points or 1.67 percent. Similarly, the Kospi index slipped by 0.19 percent and was trading at the level of 5,476.81 points and the Straits Times Index was trading at the level of 4,840.27 points with a slight weakness of 0.04 percent.
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