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Opening Wrap – Thursday, January 30, 2020
In Asian Equity Markets indices fell on Thursday as the U.S. Federal Reserve kept interest rates on hold and investors continued to watch for developments on the ongoing coronavirus outbreak. Hong Kong’s Hang Seng index fell 1.72%. In Taiwan, where markets returned to...
Closing Wrap – Wednesday, January 29, 2020
In European Equity Markets the pan-European Stoxx 600 had climbed 0.5% by the closing bell, with industrials adding 1% to lead gains as most sectors and major bourses entered positive territory. Quilter shares jumped 8.8% by the end of European trade after reporting a...
Opening Wrap – Wednesday, January 29, 2020
In Asian Equity Markets shares in Hong Kong fell Wednesday morning as they returned from a holiday amid coronavirus fears. The Hang Seng index declined almost 3% in early trade, before last declining 2.49%. Hong Kong-listed shares of travel-related firms...
Closing Wrap – Tuesday, January 28, 2020
In European Equity Markets the pan-European Stoxx 600 ended 0.9% higher, with most sectors and all major bourses in positive territory. Telecoms stocks added around 1.7% to lead gains while tech stocks dipped below the flatline. At the top of the European benchmark,...
Opening Wrap – Tuesday, January 28, 2020
In Asian Equity Markets indices declined in Tuesday morning trade as fears rise over the ongoing coronavirus outbreak that continues to spread. South Korea’s Kospi dropped 2.98% while the Straits Times index in Singapore fell 2.85%. In Japan, the Nikkei 225 shed 0.85%...
Closing Wrap – Monday, January 27, 2020
In European Equity Markets the pan-European Stoxx 600 fell by more than 2%, with the China-exposed basic resources sector falling 4% to lead losses as all sectors and major bourses traded firmly in negative territory. Travel stocks took a significant hit from...
Opening Wrap – Monday, January 27, 2020
In Asian Equity Markets Japan traded lower on Monday as investors appeared to be wary about the fast-spreading coronavirus, which started in the Chinese city of Wuhan. The benchmark Nikkei 225 down 1.83%. In India, the Nifty 50 was down 0.48% while the Sensex fell...
Closing Wrap – Friday, January 24, 2020
In European Equity Markets the pan-European Stoxx 600 jumped 0.85% by the closing bell, with industrials and technology stocks leading gains. Virgin Money shares gained 3.9% after the bank said its chairman Jim Pettigrew is planning to retire by September 2021....
Opening Wrap – Friday, January 24, 2020
In Asian Equity Markets indices were mixed on Friday as the number of coronavirus cases in mainland China rose to more than 800, with the death toll increasing to 25. Hong Kong’s Hang Seng index recovered from an earlier slip, rising 0.15%. The Nikkei 225 in Japan was...
Closing Wrap – Thursday, January 23, 2020
In European Equity Markets the pan-European Stoxx 600 closed down 0.8%, extending losses after the ECB held its interest rates steady, with President Christine Lagarde’s remarks on the economic outlook for the euro zone seemingly disappointing market...