Signs of bullishness in global market, buying in Asian markets due to Wall Street’s rise

  • US markets closed with gains in the last session.
  • Dow Jones, S&P 500 and Nasdaq recorded gains.
  • Investor confidence increased due to good results of American banks and soft inflation data.

New Delhi. There are signs of strength from the global market today. US markets closed with gains during the last session. Dow Johns Futures also seems to be trading rapidly today.

There was continuous buying in the European market also during the last session. At the same time, there is a general buying trend in the Asian market today.

Wall Street remained bullish during the last session due to good earnings of banks in America and inflation being lower than previously expected.

The Dow Johns Industrial Average rose marginally by 0.02 percent to 52,508.66 points. Similarly, the S&P 500 index jumped 0.38 percent and ended the last session’s trading at the level of 7,543.59 points.

Apart from this, Nasdaq jumped by 233.83 points or 0.90 percent and closed at the level of 26,107.01 points. Dow Johns Futures is currently seen trading at the level of 52,590.23 points with a strength of 0.16 percent.

There was an atmosphere of enthusiasm in the European market also during the last session. The FTSE index closed at 10,529.39 points with a gain of 0.30 percent.

Similarly, CAC index ended the last session’s trading at the level of 8,366.85 points with a gain of 0.33 percent. Apart from this, DAX index closed at the level of 25,147.03 points with a strength of 0.13 percent.

Buying trend seems to be intact in Asia also today. Out of the nine markets of Asia, the indices of eight are seen trading in the green mark and one index is seen trading in the red mark.

In the Asian market, China’s stock exchange is seen trading with a slight decline. At present, China’s Shanghai Composite Index is trading at the level of 3,963.90 points with a weakness of 0.08 percent.

On the other hand, Gift Nifty has jumped 182 points or 0.76 percent to the level of 24,196.50 points. Similarly, the SET Composite Index has jumped by 0.78 percent and reached the level of 1,638.78 points.

Kospi index is showing tremendous strength today. At present this index has reached the level of 7,421.87 points with a jump of 565.04 points or 8.24 percent.

Taiwan Weighted Index has also shown strong rise today. At present, this index is seen trading at the level of 45,685.41 points with an increase of 947.46 points or 2.12 percent. Similarly, the Hang Seng Index has jumped 342.27 points or 1.41 percent to the level of 24,683 points.

Apart from this, Nikkei Index jumped by 875.50 points or 1.29 percent at the level of 68,619 points, Straits Times Index was trading at the level of 5,549.07 points with a jump of 0.97 percent and Jakarta Composite Index was trading at the level of 6,071.99 points with a gain of 0.54 percent.

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