DAX Futures Update : 29 Dec. 2022

The DAX Futures is trading at 13,938.5 with -0.36% percent -50.5 point. The FTSE 100 Futures is trading at 7,467.00 with a loss of -0.39% percent or -29.50 point. The CAC 40 Futures is trading at 6,487.50 with a loss of -0.95% percent or –62.50 point. The EURO Stoxx 50 Futures trading at 3,802.00 with  a loss of -0.26% percent or –10.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The Nikkei 225 Index dropped 0.94% to close at 26,094 while the broader Topix Index fell 0.72% to 1,895 on Thursday, sliding for the second straight session, with all sectors participating in the decline. Japanese shares also tracked losses on Wall Street overnight as investors fretted about the end of China’s zero-Covid policy that could lead to a rise in cases around the world. Consumer-related stocks led the selloff, with sharp losses from Japan Tobacco (-5.9%), Oriental Land (-1%) and Shiseido Company (-2.2%). Other index heavyweights also declined, including SoftBank Group (-1.6%), Mitsubishi UFJ (-1.8%), Fast Retailing (-3%), Nippon Yusen (-2.5%) and Inpex Corp (-3.7%). The benchmark indexes are on track to end the year lower as a historic tightening campaign by major central banks and global macroeconomic headwinds weighed on equities

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,925.60 with a loss of -0.50% percent or ?69.50 point.the FTSE 100 closed at 7,497.19 up with 0.32% percent or +24.18 point. France’s CAC 40 closed at 6,510.49 with a loss of -0.61% percent or ?40.17 point.

 

WORLD MARKETS

For the day the Dow is trading at 32,875.71 with a loss of –1.10% percent or -365.85 point. The S&P 500 is trading at 3,783.22 with 1.20% percent or -46.03  point. The Nasdaq Composite is trading at 10,213.29 with a loss of –1.35% percent or ?139.94 point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,060.53 with 1.06%  percent or -279.97 point. Hong Kong’s Hang Seng is trading at 19,688.24 up with 1.06% ercent or –210.67  point. China’s Shanghai Composite is trading at 3,075.19 with a loss of –0.40% percent or -12.21 point. India’s BSE Sensex is trading at 60,559.56 with a loss of –0.58% percent or ?350.72 point at 12:15 PM.