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Opening Wrap – Friday, February 14, 2020

In Asian Equity Markets indices were mostly higher in Friday morning trade as concerns around the ongoing coronavirus outbreak continue to weigh on investor sentiment. Hong Kong’s Hang Seng index was 0.33% higher. In Japan, however, the Nikkei 225 fell 0.56% as shares...

Closing Wrap – Thursday, February 13, 2020

In European Equity Markets the pan-European Stoxx 600 was nearly 1% lower, with every sector and all major bourses in negative territory. Shares of Credit Suisse were trading around 0.7% lower despite the bank beating market expectations with its latest earnings on...

Opening Wrap – Thursday, February 13, 2020

In Asian Equity Markets were mixed on Thursday morning. Hong Kong’s Hang Seng index shed 0.14%. In Japan, the Nikkei 225 fell 0.14%. Shares of conglomerate Softbank Group declined after Wednesday’s blockbuster jump, falling more than 2.5% in afternoon trade, with the...

Closing Wrap – Wednesday, February 12, 2020

In European Equity Markets the pan-European Stoxx 600 closed provisionally up 0.6%, hitting a record high as most sectors and major bourses were in positive territory. Autos shares soared 3.8% to lead gains while utilities bucked the upward trend to fall 0.4%. Dutch...

Opening Wrap – Wednesday, February 12, 2020

In Asian Equity Markets indices were mostly higher in Wednesday as concerns over the ongoing coronavirus outbreak abated. In Japan, the Nikkei 225 gained 0.51% as shares of index heavyweight and conglomerate Softbank Group jumped 12.28% after a judge stateside...

Closing Wrap – Tuesday, February 11, 2020

In European Equity Markets the pan-European Stoxx 600 briefly hit an all-time high during morning trade and closed up 1% . Travel stocks jumped 1.9% to lead gains as most sectors and all major bourses remained in positive territory. Daimler shares edged 0.2% lower...

Opening Wrap – Tuesday, February 11, 2020

In Asian Equity Markets Hong Kong’s Hang Seng index was among the biggest winners among major markets regionally as it jumped 1.25%, with shares of Chinese tech giant Tencent rising 1.7%. Shares of automobile firm Geely rose more than 6% after the company announced it...

Closing Wrap – Monday, February 10, 2020

In European Equity Markets the pan-European Stoxx 600 closed marginally higher, with sectors and major bourses pointing in different directions. Oil and gas stocks fell over 1% to lead losses while construction shares were the top gainers adding 0.6%. NMC Health’s...

Opening Wrap – Monday, February 10, 2020

In Asian Equity Markets indices declined in Monday morning trade, as investors monitor the ongoing virus outbreak’s impact on Chinese manufacturers. Mainland Chinese stocks were mixed in early trade. The Shanghai composite down 0.3%. Hong Kong’s Hang Seng...

Closing Wrap – Friday, February 7, 2020

In European Equity Markets the pan-European Stoxx 600 fell 0.32% below the flatline, with basic resources falling more than 2% to lead losses. Telecoms, banks and utilities bucked the trend to move higher. Norsk Hydro shares fell 8% to the bottom of the Stoxx 600...

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