{"id":24793,"date":"2023-06-20T02:05:41","date_gmt":"2023-06-20T06:05:41","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/sgx-nifty-indicates-negative-opening-drops-65-pts-in-pre-open-trade\/"},"modified":"2023-06-20T02:05:42","modified_gmt":"2023-06-20T06:05:42","slug":"sgx-nifty-indicates-negative-opening-drops-65-pts-in-pre-open-trade","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=24793","title":{"rendered":"SGX Nifty indicates negative opening, drops 65 pts in pre-open trade"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
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Investing.com —\u00a0The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.34% or 64.5 points lower at 23:21 ET (03:21 GMT) on Tuesday, indicating a negative opening on Dalal Street.\u00a0<\/p>\n

Further, the declined 0.37% and dropped 0.22%.<\/p>\n

The US market remained closed on Monday on account of the Juneteenth holiday. However, stock futures declined as investors awaited key speeches from Fed officials and FOMC members lined up in the holiday-curtailed week, especially Fed Chair on the economic outlook and recent monetary policy actions scheduled on June 21, 2023.<\/p>\n

fell 0.68%, dropped 0.32%, and declined 0.37% in the previous session, while jumping 3.2%, 1.2%, and 2.6%, respectively, last week.<\/p>\n

Asian shares traded mostly lower on Tuesday after the People’s Bank of China cut two benchmark lending rates during the day, but investors remained concerned that the rate cuts were not enough to boost confidence in Asia\u2019s largest economy, and looked forward to a wider stimulus package.<\/p>\n

At 23:24 ET, Japan\u2019s declined 0.6%, South Korea\u2019s lost 0.32%, Hong Kong\u2019s tanked 1.5%, China\u2019s dropped 0.23%, and Australia\u2019s surged 1%.<\/p>\n

Oil prices dipped on Tuesday as investors weighed another interest rate cut in China against increasing pessimism over its economic prospects this year, an Investing.com report noted.<\/p>\n

crude traded at $76.01\/barrel and retreated 0.45% to $71.19 a barrel. fell 0.8%.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com —\u00a0The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.34% or 64.5 points lower at 23:21 ET (03:21 GMT) on Tuesday, indicating a negative opening on Dalal Street.\u00a0 Further, the declined 0.37% and dropped 0.22%. The US market remained closed on Monday on account of the Juneteenth holiday. […]<\/p>\n","protected":false},"author":1,"featured_media":24794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-24793","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nSGX Nifty indicates negative opening, drops 65 pts in pre-open trade | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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