Factors that Will Affect Dalal Street’s Open on Dec 6

© Reuters.

By Malvika Gurung — The listed on the Singapore-based Exchange SGX, an early indicator for , was found trading marginally higher at 0.2% at 8:05 am on Monday, indicating Dalal Street to open at a positive note today. At the same time, the was trading 0.63% higher.

The three major indices of Wall Street closed in red on Friday’s session, with the technology-heavy leading the fall, declining 1.92% or 295.85 points, declining 0.17% or 59.71 points, and the falling by 0.84% or 38.67 points.

A mixed U.S. jobs report did not waver the investor’s expectation of slowing the Federal Reserve’s withdrawal of support, while concerns grew around the Omicron variant of coronavirus. The three indices declined for a week amid Powell’s comments and Omicron’s expectations. Additionally, about one-third of U.S. states have been reporting cases detected of the Omicron variant.

Asian markets opened on mixed cues, with of Asia Pacific shares outside Japan trading 0.88% lower at 8:00 am on Monday, and Japan’s 0.72% lower.

At the same time, China’s was trading 0.3% higher, and South Korea’s 0.1% higher.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.