
Asian equity markets opened on a subdued note on December 26, 2024, with several markets, including Hong Kong and Australia, remaining closed for the holiday season. Meanwhile, U.S. equity futures traded in a narrow range as Wall Street remained shut for Christmas. This follows a strong rally in megacap stocks during the shortened trading session on Christmas Eve.
Here’s the latest snapshot of key global indices and futures as of 7:20 AM:
- Dow Future (US): 43,241, down 9.0 points (-0.02%).
- Nasdaq Future (US): 21,846, up 17.0 points (+0.08%).
- Taiex Future (Taiwan): 23,311, down 15.0 points (-0.06%).
- Kospi (South Korea): 2,441, up 0.5 points (+0.02%).
- Nikkei Index (Japan): 39,288, up 251.0 points (+0.64%).
- Gift Nifty (India): 23,800, up 29.0 points (+0.12%, adjusted).
The muted start in Asian markets reflects cautious sentiment among global investors as they assess the impact of the recent rally in U.S. equities and the holiday lull in trading activity. Japan’s Nikkei Index stood out with a gain of 0.64%, supported by a rebound in domestic stocks.
Disclaimer: This article is for informational purposes only. Please consult a certified financial advisor before making any investment decisions.