yatheendradas c.k.
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PRE MARKET

Yatheendradas C.k. at 09:01 AM - Dec 17, 2015 ( ) Views: 337

Our Markets seen to open higher to day tracking positive trend seen in Global markets. At 08:50 am, SGX Nifty futures in Singapore were trading 25.50 points, or 0.33 per cent, at 7,785.50, indicating a gap-up opening in the markets. 

Asian markets climbed on Wednesday, taking cues from a strong finish on Wall Street. Major indexes in Australia and Japan tacked on more than 2 percent, while South Korea finished nearly 1.9 percent higher. Shanghai Composite pared most of its morning gains but still closed up 6.7 points, or 0.19 percent, at 3,517. The Hong Kong market jumped, with the main Hang Seng Index  up close 426.84 or 2 .01 percent higher. The  Nikkei 225 was back in positive territory, closing up 484 points, or 2.61 percent, at 19,050. South Korea, the Seoul Kospi ended up 36 points, or 1.88 percent, at 1,969.4. The Australian market was back in positive territory, the ASX 200 closed up 119 points, or 2.42 percent, at 5,028.

European shares rose on Wednesday as investors awaited the outcome of a crucial rate-setting meeting of the U.S. Federal Reserve for clues about the market's near-term direction. Pan-European FTSEurofirst 300 index up 0.29 pct to end at 360.43. The Stoxx Europe 600 index SXXP, +0.24%  tacked on 0.2% The U.K.’s FTSE 100 index UKX, +0.72% Climbed 0.72% to close at 6,061.19 . Germany’s DAX 30 index  gained 0.18% to end at 10,469.26, while France’s CAC 40 index  also added 0.22% to finish at 4,624.67.


U.S. stocks rallied as investors cheered the Federal Reserve's historic decision  to raise interest rates for the first time since 2006. The S&P 500 rose   rose 29.66 points, or 1.45%, to 2,073.07The Dow Jones Industrial Average   jumped 224.18 points, or 1.28%, to 17,749.09. The Nasdaq Composite advanced 75.77 points, or 1.52%, to 5,071.13.

Oil fell more than 3 percent on Wednesday, snapping a two-day rebound.Brent January futures, which close on Wednesday, fell $1.26, or more than 3 percent, to settle at $37.19 a barrel.U.S. crude futures settled down nearly 5 percent, or $1.83, at $35.52 a barrel.  

Crude futures rose in Asian trade on Thursday recouping some of the losses from the previous session. West Texas Intermediate for January delivery, the front-month contract, rose 17 cents to $35.69 a barrel by 0100 GMT after finishing settled down nearly 5 percent on Wednesday.Brent crude for February delivery, the front-month contract from Thursday was up 17 cents at $37.56. 

Gold and copper futures were stable after the US Federal Reserve announced a rate rise of 25 basis points.Gold for February settlement delivery on the Comex division of the New York Mercantile Exchange rose $11.0 or one percent to $1,072.60 per ounce. Comex silver for March settlement rose 33.0 cents or 2.4 percent to $14.100 per ounce.

Asian stock markets traded in positive territory, taking cues from a positive finish in Wall Street overnight. Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.66% while the Hang Seng is up 1.18%. The Nikkei 225 is  trading  high 2.29%. In South Korea, the Kospi was up 5.8 points, or 0.31%, at 1,975..The Australian market traded higher, with the main ASX 200 index adding 88 points, or 1.75% 

 


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