• Open an account Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home > News > Global News

  • Japan Nikkei trades firmer on bargain hunting
  • October 24,2018  10:22
  • Headline indices of the Japan share market were tad higher on Wednesday, 24 October 2018, as investors chased for bottom fishing after a sharp drop a day earlier on lingering worries over geopolitical risks. Total 23 issues of TSE 33 issues inclined, with shares in Fishery, Agriculture & Forestry, Construction, Foods, Warehousing & Harbor Transportation Services, and Electric Power & Gasissues being notable gainers, while shares of Mining, Marine Transportation, Insurance, Glass & Ceramics Products, Banks, and Oil & Coal Products issues were notable losers. In late afternoon trades, the 225-issue Nikkei index advanced 116.05 points, or 0.53%, at 22,126.83. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 4.24 points, or 0.26%, to 1,654.96.

    Global stocks have suffered this week on worries about US earnings, Italian government finances, US trade tensions and mounting pressure on Saudi Arabia over the death of dissident journalist Jamal Khashoggi. Saudi Arabia's diplomatic standing looked increasingly precarious as Turkey dismissed the kingdom's efforts to blame Khashoggi's death on rogue operatives while U.S. President Donald Trump said Riyadh staged the worst cover-up ever.

    Shares of SoftBank inclined following reports that its founder Masayoshi Son had skipped an investment forum in Saudi, but had met with crown prince Mohammed bin Salman.

    ECONOMIC NEWS: Japan Nikkei Manufacturing PMI Expands To 53.1 In October-- Japan manufacturing sector continued to expand in October, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a preliminary reading of 53.1. That's up from 52.5 in September, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction. Individually, output, new orders and employment all accelerated, while the rates of input cost and output price inflation both climbed to multi-year highs. Sentiment for future expectations remained positive, although the optimism was weaker.

    CURRENCY NEWS: Japanese yen was little changed against greenback on Wednesday. The dollar fetched 112.37 yen in Asian trade against 112.41 yen in New York late Tuesday.

    OFFSHORE MARKET: US stock market closed down Tuesday. The Dow Jones Industrial Average was down 125.98 points or 0.5% at 25,191.43. The Nasdaq fell 31.09 points or 0.4% to 7,437.54 and the S&P 500 slid 15.19 points or 0.6% to 2,740.69.

    European markets also ended down on Tuesday. The German DAX Index plunged by 2.2%. The French CAC 40 Index and the U.K.'s FTSE 100 Index slumped by 1.7% and 1.2%, respectively.

    Powered by Capital Market - Live News

Top News
Economy News

Follow us:

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Comtrade Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Investments and Advisors Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid upto 27/01/2020 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Investments & Advisors Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Comtrade Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

OUR OTHER WEBSITES Go
IMPORTANT LINKS Go
QUICK LINKS
Go

Toll-free : 1800-11-0909
Email: contact@smctradeonline.com

Sitemap
 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)
Open An Account

Open my trading account now!  X 

* All fields are compulsory