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Positive signals from global markets, bullish trend in Asia too | News India

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New Delhi, August 19 (HS). Global markets are showing signs of strength on Monday. During the last session, the US markets were able to close with gains. However, the Dow Jones Futures are currently trading with a slight decline. European markets also traded strongly during the last session, but closed with mixed results due to selling in the last hour. Asian markets are also generally strong today.

Due to the expectation of reduction in interest rates, there was enthusiasm in the US market during the last session, due to which the Wall Street index managed to close with a gain. The S & P 500 index closed at 5,554.25 points with a gain of 0.20 percent. Similarly, the NASDAQ ended the last session's trading at 17,631.72 points with a gain of 0.21 percent. Whereas Dow Jones Futures is currently seen trading at 40,640.69 points with a slight decline of 0.05 percent today.

The European markets also closed with mixed results due to the sell-off at the end after trading strongly during the previous session. The FTSE index closed down by 0.43 percent at 8,311.41 points. On the other hand, the CAC index ended the previous session's trading at 7,449.70 points with a gain of 0.35 percent. Similarly, the DAX index jumped 139.16 points or 0.76 percent to close at 18,322.40 points.

Due to the strong signals coming from America, Asian markets are also generally looking strong today. Out of 9 Asian markets, 7 indices are trading in the green with a rise, while 2 indices are in the red with a decline. Nikkei index is trading at the level of 37,704.60 points with a decline of 358.07 points i.e. 0.94 percent. Similarly, Kospi index has slipped 0.38 percent to the level of 2,687.11 points.

On the other hand, GIFT Nifty is trading at the level of 24,613 points with a gain of 0.09 percent. Similarly, the Straits Times Index has reached the level of 3,353.36 points with a symbolic increase of 0.01 percent. There is a big rise in the Hang Seng Index and SET Composite Index today. Currently, the Hang Seng Index is trading at the level of 17,614.62 points with a jump of 184.46 points i.e. 1.05 percent. Similarly, the SET Composite Index has strengthened by 1.24 percent to reach the level of 1,319.15 points. Apart from this, Taiwan Weighted Index is trading at 22,393.89 points with a gain of 0.20 percent, Jakarta Composite Index is trading at 7,441.37 points with a gain of 0.12 percent and Shanghai Composite Index is trading at 2,894.57 points with a jump of 0.52 percent.