Tag: sensex news

Indian Stock Markets Closed, Asia Trade Higher

Indian stock markets were close today for a festival holiday, while most of Asia was trading with gains. Dow Futures were trading higher by almost 0.20 per cent, while the SGX Nifty was up 33 points in trade.

The Japanese Nikkei was trading with gains of nearly 1 per cent, while the Australian S&P ASX 200 was trading with gains of 1.5 per cent.

Indian markets had closed weak on Friday, following a slide in banking stocks. This was after the RBI announced a moratorium extension for another three months.

Meanwhile, this week the markets would watch corporate numbers, as well as spiralling tensions between the United States and China.

China’s per capita GDP crosses USD 10,000 mark for the first time

For the first time, the per capita GDP of China, the world’s most populous nation, has exceeded the USD 10,000-mark in 2019, a top official said on Friday. The per capita Gross Domestic Product in 2019 reached 10,276 US dollars at the average exchange rate, exceeding the 10,000-dollar mark, Director of the National Bureau of Statistics, Ning Jizhe said. As a country with 1.4 billion people and a per capita GDP of more than 10,000 US dollars, China will contribute more to the development and progress of the world, he said.