New Delhi, September 8 (HS): Global markets opened on a mixed note today, with Asian equities showing strong upward momentum despite weakness in U.S. and European indices during the previous session.
On Wall Street, profit booking weighed on major indices in the last session. The Dow Jones Industrial Average fell by more than 200 points, closing notably lower. The S&P 500 slipped 0.32 percent to finish at 6,481.50, while the Nasdaq Composite edged down 0.03 percent to close at 21,700.39. However, Dow Jones futures are currently trading 0.12 percent higher at 45,457.31, indicating a possible rebound.
European markets also faced consistent selling pressure. The FTSE 100 edged down 0.09 percent to 9,208.21, while France’s CAC 40 dropped 0.31 percent to 7,674.78. Germany’s DAX declined by 173.35 points, or 0.73 percent, settling at 23,596.98.
In sharp contrast, Asian equities surged across the region with all nine key regional indices trading in the green. India’s GIFT Nifty rose 0.15 percent to 24,880.50, while Singapore’s Straits Times Index gained 0.04 percent to 4,308.96. Japan’s Nikkei 225 led the rally, jumping 630.25 points or 1.47 percent to 43,649.
Other Asian markets also gained ground:
-Jakarta Composite Index climbed 0.66 percent to 7,919.02.
-Taiwan Weighted Index advanced 108.55 points, or 0.44 percent, to 24,603.
-Hang Seng Index edged up 0.31 percent to 25,498.
-Kospi Index added 0.24 percent to 3,212.91.
-Shanghai Composite Index rose 0.17 percent to 3,818.82.
-SET Composite Index of Thailand gained 0.12 percent to 1,266.27.
Asian investors shrugged off global weakness and focused on regional buying momentum, supporting a broad-based rally across equity markets.
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Hindusthan Samachar / Jun Sarkar
