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Opening Wrap – Friday, February 7, 2020
In Asian Equity Markets indices fell on Friday morning as investors awaited the release of China’s trade data for January on Friday. The Shanghai composite declined 0.76%. Hong Kong’s Hang Seng index lost 0.81%. Gaming stocks were in the red on Friday morning amid...
Closing Wrap – Thursday, February 6, 2020
In European Equity Markets the pan-European Stoxx 600 closed 0.45% higher, slightly paring morning gains. Banks jumped 2% while construction and material stocks fell 0.5%. Luxembourg steel manufacturer Arcelormittal reported a fourth-quarter profit beat and gave an...
Opening Wrap – Thursday, February 6, 2020
In Asian Equity Markets indices jumped on Thursday morning as investors in the region digested recent developments surrounding the ongoing coronavirus outbreak. Stocks in Japan led gains among major regional markets, with the Nikkei 225 up 1.83% and the Topix index...
Closing Wrap – Wednesday, February 5, 2020
In European Equity Markets the pan-European Stoxx 600 reversed early losses to close over 1% higher, with auto shares leading the gains while only telecoms traded in the red. Valmet Corp was the biggest climber in the Stoxx 600 on Wednesday, adding more than 12% after...
Opening Wrap – Wednesday, February 5, 2020
In Asian Equity Markets indices traded higher on Wednesday, building on gains from the previous session, after stocks sold off recently due to worries over the new coronavirus outbreak. Japan’s Nikkei 225 was up 1.14%. In South Korea, the Kospi index erased some of...
Closing Wrap – Tuesday, February 4, 2020
In European Equity Markets the pan-European Stoxx 600 closed up by 1.6%, with basic resource stocks leading gains with a 3.6% jump. Carlsberg reported full-year sales broadly in line with expectations and forecast mid single-digit organic profit growth in 2020,...
Opening Wrap – Monday, February 3, 2020
In Asian Equity Markets China indices more than 7% on Monday morning as they returned to trade following an extended holiday amid an ongoing coronavirus outbreak. The moves on the mainland came following an extended holiday amid an ongoing virus outbreak that has...
Closing Wrap – Friday, January 31, 2020
In European Equity Markets the pan-European Stoxx 600 reversed course to decline 0.8% below the flat-line, with basic resources falling 1.7% to lead losses as all sectors and major bourses traded in the red. Signify shares climbed 7.7% to lead the Stoxx 600...
Opening Wrap – Friday, January 31, 2020
In Asian Equity Markets indices rose on Friday as investors digested Chinese official manufacturing data that met expectations amid coronavirus fears. Japanese stocks pared some of their earlier gains but remained in positive territory, with the Nikkei 225 up 1.03% as...
Closing Wrap – Thursday, January 30, 2020
In European Equity Markets the pan-European Stoxx 600 fell 1% by the closing bell, with oil and gas stocks falling 2.6% to lead losses as most sectors and all major bourses slid into the red. H&M shares jumped 9.4% to the top of the Stoxx 600 after the Swedish...