Money Tree

GLOBAL MARKETS

US Markets

The US markets closed almost flat on Friday.

Dow Jones closed at 13442.52 up 17.64 points or 0.13 percent.
Nasdaq Composite closed at 2602.18 up 1.12 points or 0.04 percent.

Europian Markets

The Europian markets closed in the red on Friday.

FTSE (UK) closed at 6289.30 down 74.60 points or 1.17%.
DAX (Germany) closed at 7497.74 down 38.23 points or 0.51%
CAC (France) closed at 5538.92 down 27.05 points or 0.49%.

Asian Markets

The Asian markets closed mixed on Friday.

NIKKEI(JAPAN) closed at 16127.42 up 306.23 points.
HANG SENG (HONG KONG) closed at 24898.11 up 361.09 points.
KOSPI (SOUTH KOREA) closed at 1870.02 up 22.00 points.
STRAITS TIMES (SINGAPORE) closed at 3536.4 up 32.00 points.
Composite Index (CHINA) Closed at 5312.182 up 38.59 points.
SENSEX (INDIA) closed at 15603.8 down 10.64 points.
NIFTY (INDIA) closed at 4518.00 down 10.64 points.

FOREX

USD/ INR 40.46
EUR/ USD 01.38
USD/ JPY 114.655

GOLD

9280/ 10gm

CRUDE

$79.12/ Bbl

Today’s Market outlook

The US markets have closed almost flat on friday and the Asian markets have opened slightly negative today morning. Our markets saw some profit booking on friday near all time high levels and we expect some more consolidation today. The markets are expected to remain in a narrow range during the day.