Sunday , November 24 2024

Signs of weakness from global market, pressure remains in Asia too

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New Delhi, July 30 (HS). Global markets are showing signs of weakness today. The US market fluctuated continuously during the last session. Dow Jones futures are also currently trading with a decline. Similarly, the European markets closed with mixed results after trading under pressure during the last session. The atmosphere of pressure is also generally prevailing in the Asian market today.

The US markets closed flat after facing continuous fluctuations during the last session. The S&P 500 index closed at 5,463.54 points with a gain of 0.08 percent. Similarly, the Nasdaq ended the last session at 17,370.20 points with a gain of 0.07 percent. The Dow Jones futures are currently trading at 40,489.79 points with a decline of 0.12 percent today.

There was constant pressure in the European market during the last session. After the whole day's trading, the European market indices closed with mixed results. The FTSE index closed at 8,292.35 points with a marginal increase of 0.08 percent. On the other hand, the CAC index fell 0.99 percent and ended the last session at 7,443.84 points. Apart from this, the DAX index closed at 18,320.67 with a fall of 0.53 percent.

There is generally selling pressure in Asian markets today. Out of 9 Asian markets, 7 indices are trading in the red with a decline, while 2 indices are in the green with a slight increase. The Straits Times Index is trading at 3,447.40 points with a gain of 0.09 percent. Similarly, the SET Composite Index has jumped to 1,309.85 points with a gain of 0.20 percent.

On the other hand, GIFT Nifty is trading at the level of 24,933.50 points with a weakness of 0.08 percent. Similarly, the Nikkei index has fallen by 218.34 points or 0.57 percent to reach the level of 38,250.29 points. There has been a big decline in the Hang Seng index today. Currently, this index is trading at the level of 17,026.62 points, down by 211.72 points or 1.23 percent. Similarly, the KOSPI index has fallen by 1.09 percent to the level of 2,735.51 points. Apart from this, Taiwan Weighted Index is trading at 21,981.90 level with a decline of 182.59 points i.e. 0.82 percent, Jakarta Composite Index is trading at 7,237.88 points level with a decline of 0.70 percent and Shanghai Composite Index is trading at 2,876.87 points level with a weakness of 0.52 percent.