FTSE 100 falls despite England opening up, Sensex begins with recovery
London’s blue-chip index traded in red throughout Monday despite positive sentiment about England starting to open up following coronavirus lockdown.
The FTSE 100 was down 26 points or 0.4 per cent at closing while the FTSE 250 was down 97 points.
US Stocks fell a little from their record high on Monday. The S&P 500 edged down less than 0.1 per cent and the tech-heavy Nasdaq gave up 0.4 per cent. The Dow Jones Industrial Average fell 0.2 per cent.
Asian stocks opened higher on Tuesday with all major indices trading in green except Mainland China stocks that has been oscillating in the early hours and currently (before noon) trades in red at 27 points down. Japan, South Korea and Hong Kong stock indexes all traded with a lead of over a per cent.
Nikkei 225 opened 67 points up and is trading with a lead of over 300 points or 1.05 per cent. Korea Composite Stock Price Index (Kospi) opened flat but around noon it has a lead of 36 points or 1.15 per cent. The Hang Seng opened 100 points up and now has a lead of almost 300 points or 1.05 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan also rose 1.03 per cent.
Australia’s S&P/ASX 200 traded up to 20 points higher during the day but fell a little below its opening price afternoon.
Indian markets opened with some recovery on Tuesday after yesterday’s sharp fall with Sensex almost 200 points up at 48,078 while the Nifty rose 69 points to 14,380.
Indian benchmarks tanked heavily straight for the second trading day on Monday with rising worry over India’s coronavirus wave. The BSE-Sensex fell 1,708 points or 3.4 per cent to close at 47,883. The Nifty dropped 524 points or 3.5 per cent to close at 14,310.