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Mixed signals from global markets, weak open for Asia, flat trading on SGX NIFTY

by Chandan Sen
February 7, 2022
in Stock Market
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There are mixed signals from the world market. Asia has started weak. Flat trading is seen on SGX NIFTY.

There are mixed signals from the world market. Asia has started weak. Flat trading is seen on SGX NIFTY. On Friday, US markets were mixed. Today DOW FUTURES is trading down 40 points.

Signals from overseas markets

On Friday, the Dow closed with a fall. The S&P 500 and Nasdaq closed with gains. The Dow and S&P 500 closed near their record highs. Nasdaq is still being amended. The Nasdaq is down 14% from its all-time high. US Vix has grown more than 50% this year. Brent prices hit a six-year high The yield on 10-year US bonds stood at 1.91%. Russia’s invasion of Ukraine is possible in two weeks. The US National Security Adviser has made this claim.

Meanwhile, the Asian market is seeing mixed transactions today. SGX NIFTY is showing a fall of 66.00 points. At the same time, the Nikkei fell 0.86 percent to close at 27,203.66. At the same time, the Straits Times is showing a slight increase of 0.20 percent. Taiwan’s stock traded up 0.47 percent at 17,757.41. When Hang Seng 0.67

A decline in percentages was seen at the level of 24,409.06. On the other hand, Kospi traded down 1.03 percent at 2,721.99. The Shanghai Composite, on the other hand, rose 1.62 percent to 3,415.83.

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