New Delhi, 24 October (H.S.): Global markets flashed strong positive signals on Friday, building on a robust performance in the previous U.S. and European sessions. The upbeat sentiment has largely carried over into Asian trading, with most regional indices posting gains.
Wall Street ended its last session on a high note, driven by enthusiastic buying. The S&P 500 index climbed 0.58% to close at 6,738.44, while the tech-heavy Nasdaq Composite jumped 0.89%, or 201.40 points, to finish at 22,941.80. The positive momentum appeared set to continue, as Dow Jones Futures were trading 0.12% higher at 46,792.62.
European markets also reflected a bullish trend in their prior session.
The FTSE index in London advanced 0.66% to close at 9,578.57.
The CAC index in Paris ended 0.23% higher at 8,225.78.
Germany’s DAX index rose 0.23% to finish at 24,207.79.
The positive mood was prevalent across Asia on Friday, with seven of the nine active regional markets trading in the green. The Taiwan Weighted Index saw no change as the market was closed for a holiday.
The only notable exception was the GIFT Nifty, which traded with a marginal loss of 0.03% at 25,952.Major Asian indices recorded significant gains. South Korea’s Kospi index surged by an impressive 2.19% to 3,929.86, while Japan’s Nikkei index jumped 1.47% to 49,358.
Other key markets also saw gains, including Hong Kong’s Hang Seng (+0.63%), the Shanghai Composite (+0.42%), and the Straits Times Index in Singapore (+0.27%).
Hindusthan Samachar / Jun Sarkar
