FOREX FLYER: Japanese and Russian stock markets opening just after the bank holiday 24-Feb-2020

Monday, 24 February 2020

Japanese and Russian stock markets opening just after the bank holiday 24-Feb-2020

Global stock market plummeted on this Monday as Coronavirus (Covid 19) outbreak severely hit South Korea and Italy over the last weekend. One of the big Asian markets, Japan had a bank holiday this Monday and it is opening in a few hours from this time since the other market dived into the bloodbath. Japan is also facing uncertainty of Coronavirus spreading as increasing number of patients even excluding ones from Diamond Princess. Russia had a bank holiday on this Monday, too.

In the mean time, Japanese index Nikkei 225 futures market has gone down around 4.7%, and the index's opening price is also expected down near by the same level after the fair value adjustment.

Along with the Japanese market, other Asian and Pacific markets are also opening in the near time zone. If the other markets were bouncing back from the last miserable closing, the potential damage on Japanese market could be limited. This Monday, Australia's ASX 200 index has gone down by 2.25% but its future market does not indicate clear relief yet. US market was also bearish, which was the worst in 2 years. Dow Jones Industrial Average has lost more than 1,000 points equivalent to nearly 3.6%.

Sometimes, good news are suddenly coming in, but Asian and Pacific markets could not be optimistic yet, particularly Japanese market.

Here is the list of global stock indexes.

[Asia & Pacific]

(Australia) S&P/ASX 200
(China) SSE Composite Index

(Hong Kong) Hang Seng Index
(India) S&P BSE SENSEX

(Japan) Nikkei 225 Index
(New Zealand) S&P/NZX 50
(S Korea) KOSPI Index

(Singapore) STI Index

[Europe / Middle East]

(France) CAC 40

(Germany) DAX

(Italy) FTSE MIB

(Norway) OSLOStock Exchange All Index

(Russia) RTSI Index

(Saudi Arabia) Tadawul All-Share Index
(Spain) IBEX 35