Thursday , December 5 2024

Signs of strength from global market, mixed business in Asia

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New Delhi, 04 December (HS). Today, there are signs of strength from the global market for the second consecutive day. US markets closed with gains during the last session. Dow Johns Futures also seems to be trading rapidly today. There was buying momentum in the European market also during the last session. However, mixed trading is taking place in the Asian market today.

The US market remained strong during the last session, due to which the S&P 500 index closed with a new record of strength for the 55th time in the year 2024. The S&P 500 index ended the previous session at 6,050.35 points, up 0.05 percent. Similarly, Nasdaq also jumped 0.39 percent and closed at the level of 19,480.32 points, creating a new record of strength. Today, Dow Johns Futures is currently trading at the level of 44,828.55 points with a gain of 124.02 points or 0.28 percent.

Like the American market, there was continuous buying in the European market during the last session. The FTSE index jumped 0.56 percent to close at 8,359.41 points. Similarly, the CAC index ended the last session’s trading at the level of 7,255.42 points with a rise of 0.26 percent. Apart from this, DAX index closed at the level of 20,016.75 points with a strength of 0.42 percent.

Mixed trading is seen in Asian markets today. Out of 9 markets in Asia, indices of 6 are trading in the red with gains, while 3 indices remain in the red with decline. A big fall has been recorded in the Kospi index today. At present this index is trading at the level of 2,455.99 points, falling by 1.76 percent. Similarly, the SET Composite Index has reached 1,452.15 points with a weakness of 0.18 percent. Apart from this, Shanghai Composite Index has slipped 0.07 percent and fallen to the level of 3,376.41 points.

On the other hand, GIFT Nifty is trading at the level of 24,630.50 points with a gain of 0.40 percent. Similarly, the Straits Times Index has reached the level of 3,800.72 points with a gain of 0.39 percent. The Jakarta Composite Index has made a big jump today. At present this index is trading at the level of 7,304.83 points with an increase of 108.81 points or 1.51 percent. Apart from this, Taiwan Weighted Index is trading at the level of 23,126.16 points with a strength of 0.43 percent, Hang Seng Index is trading at the level of 19,762.80 points with a gain of 0.08 percent and Nikkei Index is trading at the level of 39,256.59 points with a nominal gain of 0.02 percent. .