The Nikkei index sheds 100.06 points (-0.35%) as market bears take the reigns

Published: November 25 2022, 13:25 GMT+0

The Nikkei index sheds 100.06 points (-0.35%) as market bears take the reigns

Today at a glance: the Nikkei slid down from 28,383 to 28,283, taking a 100.06 points loss (0.35%)

Amid the market gloom, Japan Tokyo Core CPI (YoY) (Nov) released yesterday at 23:30 UTC with a figure of 3.6, while the previous figure was 3.4. Fresh CPI Tokyo Ex Food and Energy (MoM) (Nov) data from Japan came out at 0.2. Japan Services PMI released yesterday at 00:30 UTC with a figure of 50, while the previous figure was 53.2.

In the meantime, negative performances are also seen in other markets, after ending today's session at 17,661, Hang Seng lost 87.32 points and is trading around 17,574.

Positive performances can be seen by looking at other markets as Nasdaq is trading around 11,300 after ending today's session at 11,174 (up 0.99% today). S&P 500 went up by 0.59% today, and closed at 4,027.26.

Furthermore, Japan CFTC JPY speculative net positions is scheduled for today at 19:30 UTC.

The index has been trending positively for about a month. Having set a significant high of 29,500 2 months ago, the Nikkei is trading 183,967% lower.

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