The S&P 500 ended slightly higher and the Nasdaq peaked out a record closing high on Thursday, helped in particularly, by Netflix. While news about the outbreak caused by coronavirus spreading in the regions of China kept a tight lid on the market for the rest of the trading time. The Dow Jones Industrial Average fell 26.18 points (-0.09%) to 26,160.09 while the S&P 500 gained 3.79 points (+0.11%) to 3,325.4. The Nasdaq Composite gained an additional 18.71 points (+0.2%) to rise to 9,402.48.
Stocks barely moved in early hours on Friday after the world’s biggest trading body halted for a time after the outbreak of the coronavirus, declaring a national emergency. MSCI’s broadest index of Asia-Pacific shares outside of Japan rose to a marginal 0.1% while Japan’s Nikkei stood at a flat. Australian stocks added an average of 0.4%.
Nifty Futures traded around 12,170 level on the Singaporean Exchange. Indian Rupee depreciated by 7 paise to close against 71.26 INR per the U.S dollar. Leading stock exchange BSE said to introduce future contracts on aluminum and zinc starting January 27th. Notably, earlier this month, BSE announced introduction of future contracts based on Brent crude from the same day.
FII and DII data indicated that shares worth INR 1,352.13 crores were bought while DII sold shares worth INR 984.56 crores in the Indian equity market on January 23rd as indicated on the NSE.