Delhi, 27 October (H.S.): Global markets displayed strong positive momentum on Monday, propelled by a robust closing session in the United States and a widespread rally across most Asian exchanges.The bullish sentiment follows a strong performance on Wall Street in its previous session.
The S&P 500 index closed with a 0.79% gain at 6,791.69, while the tech-heavy Nasdaq Composite jumped 1.15% to finish at 23,204.87. This optimism extended into current trading, with Dow Jones Futures advancing by 0.61% to 47,493.36.
European markets ended their last session with mixed results after late-stage profit-booking pared earlier gains. London’s FTSE index closed up 0.70%, and Germany’s DAX index saw a modest rise of 0.13%. However, the CAC index in Paris ended marginally lower.
Asian markets broadly mirrored the positive global cues.
-Japan’s Nikkei index surged by an impressive 2.21% to reach 50,389.
-South Korea’s Kospi index also posted a significant gain of 2.22%, trading at 4,029.09.
-Hong Kong’s Hang Seng index climbed 1.02%, while the Shanghai Composite rose by 1.01%.
-The sole exception in the region was the Jakarta Composite Index, which registered a sharp decline of 3.07%.
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Hindusthan Samachar / Jun Sarkar
