Asian markets: Nikkei starts the day on a cautious note, drops by 0.84%

Tokyo, Japan—The Nikkei 225 started on a subdued note on 19th December, reflecting a decline of 0.84% from its previous close. As of 10:14 am, the benchmark index stood at 38,754.64 JPY, down by 327.07 points compared to the last trading session.

The day’s trading opened at 38,522.27 JPY, slightly below its previous close of 39,081.71 JPY. The index has so far fluctuated within a range of 38,355.52 JPY to 38,830.74 JPY, showcasing mixed investor sentiment in early market hours.

In terms of recent trends, the Nikkei has experienced a minor dip of 0.82% over the past day and a more pronounced decline of 2.18% over the past five days. However, the longer-term picture remains positive, with the index gaining 0.95% over the past month and a modest 0.39% over six months. Year-to-date performance shows a robust increase of 16.77%, while the one-year performance reflects a growth of 15.82%.

Disclaimer: This report is for informational purposes only and does not constitute financial advice. Please consult with a financial advisor before making any investments.