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

Published: November 25 2022, 09:45 GMT+0

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

Today at a glance: 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, Hang Seng is down to 17,574, losing 87.32 points, after ending the previous session around 17,661.

Other assets are showing positive performances as Nasdaq is trading around 11,300 after ending today's session at 11,174 (up 0.99% today). S&P 500 added 0.59% and closed around 4,003.58 today.

Furthermore, Japan CFTC JPY speculative net positions scheduled to come out today at 19:30 UTC.

The index has been trending positively for about a month. The Nikkei hit a significant low of 15.42 around 2 months ago, but has since recovered 183,967%.

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