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Opening Wrap – Tuesday, March 17, 2020

In Asian Equity Markets indices rose Tuesday as they seesawed after shares on Wall Street plunged to their biggest day drop in more than three decades overnight, and the Philippines shut its markets temporarily. Stocks in Australia led gains among the region’s major...

Closing Wrap – Monday, March 16, 2020

In European Equity Markets the pan-European Stoxx 600 closed 5.1% lower, off lows hit earlier in the session. Travel and leisure stocks plummeted around 10% to lead losses as all sectors and major bourses ended the day in the red. Airlines and travel companies...

Opening Wrap – Monday, March 16, 2020

In Asian Equity Markets the S&P/ASX 200 in Australia led losses among the region’s major markets as it fell 7.54%, with the heavily weighted financial subindex diving more than 8%. Shares of the country’s major banks saw steep declines: Australia and New Zealand...

Opening Wrap – Friday, March 13, 2020

In Asian Equity Markets indices saw heavy losses in Friday after shares of Wall Street saw a historic drop overnight, as fears over the global coronavirus outbreak continued to weigh on investor sentiment. Trading in India’s Nifty 50 was halted temporarily after the...

Closing Wrap – Thursday, March 12, 2020

In European Equity Markets indices worst one-day drop in history on Thursday, as investors reacted to President Donald Trump’s decision to impose restrictions on travel to the U.S. from Europe, and the European Central Bank’s decision not to cut interest rates. The...

Opening Wrap – Thursday, March 12, 2020

In Asian Equity Markets fell sharply on Thursday. In Japan, the Nikkei 225 declined 3.3%. South Korea’s Kospi also fell 3.04%. Meanwhile, shares in Australia dropped, with the S&P/ASX 200 down 5.51%. Hong Kong’s Hang Seng index also fell 3.81%. Mainland Chinese...

Closing Wrap – Wednesday, March 11, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.7%, having been up more than 2% earlier in the day. Travel and leisure stocks fell 4% to lead losses while banks and chemicals stocks climbed nearly 1%. Adidas warned before the opening bell of a 1...

Opening Wrap – Wednesday, March 11, 2020

In Asian Equity Markets indices were mostly lower in Wednesday as investors continue to watch for developments around government stimulus as the coronavirus continued spreading. In Japan, the Nikkei 225 slipped 1.34%. South Korea’s Kospi traded 1.53% lower. Stocks in...

Closing Wrap – Tuesday, March 10, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.88%, paring gains earlier in the session. The majority of sectors ended in the red, although basic resources was up around 1.3%. Diasorin shares leaped 10.8% after the Italian diagnostic specialist...

Opening Wrap – Tuesday, March 10, 2020

In Asian Equity Markets indices were mixed on Tuesday after stocks on Wall Street saw their worst day since the 2008 financial crisis overnight. In Japan, the Nikkei 225 fell 0.38%, adding to its 5.07% decline on Monday. The Hang Seng index in Hong Kong jumped 1.81%...

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