Asia markets poised to kickstart the last trading week of this year on a subdued note
A man walks in front of electronic boards showing the rate of the Japanese yen versus the US dollar (R) and a share price of the Tokyo Stock Exchange (L) along a street in Tokyo on September 28, 2023.
Kazuhiro Nogi | Afp | Getty Images
Asia-Pacific stock markets were headed for a relatively quiet trading session Tuesday, with Japan eying a flat open but still set to wrap up the year as one of the region’s top performers.
Several markets including Australia, New Zealand and Hong Kong were shut on account of Boxing Day.
Japan’s Nikkei 225 was set to open nearly flat, with the futures contract in Chicago at 33,295 and its counterpart in Osaka at 33,190 against the index’s last close of 33,254.03.
The Nikkei 225 was set to end the year with gains of over 27%, making it one of Asia’s top gainers in 2024.
Wall Street’s major averages clocked an eighth straight winning week on Friday, looking to extend their year-end rally.
The S&P 500 index gained 0.17% to 4,754.63 in its previous trading session — just 0.9% shy from its record close, and 1.3% from its intraday record.
The Nasdaq Composite rose by 0.19%, while the Dow Jones Industrial Average fell 18.38 points, or 0.05%.
— CNBC’s Sarah Min and Jesse Pound contributed to this report
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