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Opening Wrap – Thursday, January 16, 2020
In Asian Equity Markets indices were flat on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement. Japan’s Nikkei 225 rose 0.14%. In South Korea, the Kospi index picked up a gain of 0.23% as...
Closing Wrap – Wednesday, January 15, 2020
In European Equity Markets the pan-European Stoxx 600 closed just below the flatline, with autos falling 1.7% to lead losses while utilities stocks bucked the trend to gain 1.3%. ASMI shares jumped 10.8% after the Dutch semiconductor company reported...
Opening Wrap – Wednesday, January 15, 2020
In Asian Equity Markets most indices headed lower on Wednesday as investors awaited the signing of an initial US-China trade deal, with sentiment somewhat dented by comments from the US Treasury Secretary that tariffs would remain in place for now. MSCI's broadest...
Closing Wrap – Tuesday, January 14, 2020
In European Equity Markets the pan-European Stoxx 600 closed 0.24% higher having jumped between red and black multiple times during a choppy session. Household goods stocks added 0.65% on average and travel and leisure stocks notched a 0.75% gain. Oil and gas sector...
Opening Wrap – Tuesday, January 14, 2020
In Asian Equity Markets indices were mostly higher. The Nikkei 225 climbed 0.51%. Shares of technology conglomerate Softbank rose 3.22%. In South Korea, the Kospi gained 0.38%. Australia’s S&P/ASX 200 was up 0.64% as major miners gained. Fortescue Metals was up...
Closing Wrap – Monday, January 13, 2020
In European Equity Markets the pan-European Stoxx 600 fell 0.24% by the late afternoon, with autos falling 1.1% to lead losses while tech and utilities stocks added 0.3%. Pennon Group shares jumped 6% after the Telegraph newspaper reported that the British water...
Opening Wrap – Monday, January 13, 2020
In Asian Equity Markets indices mostly rose by Monday morning as investors await the signing of a phase-one trade deal between the U.S. and China. In South Korea, the Kospi rose 0.72%, with cosmetics stocks notching significant gains. Japan’s markets are closed for a...
Closing Wrap – Friday, January 10, 2020
In European Equity Markets the pan-European Stoxx 600 ended up 0.1%, with utilities stocks surging 1.4% while retail stocks retreated by around 0.7%. EasyJet shares jumped 3.4% after competitor Ryanair raised its full-year profit forecast. Ryanair stock was up by 5.7%...
Opening Wrap – Friday, January 10, 2020
In Asian Equity Markets indices were mostly in positive territory on Friday following the easing of U.S.-Iran tensions, and after U.S. stocks shot to new highs overnight. Hong Kong’s Hang Seng index lost 0.10%. In Japan, the Nikkei 225 rose 0.25%, while the Topix was...
Closing Wrap – Thursday, January 9, 2020
In European Equity Markets the pan-European Stoxx 600 gained 0.3% higher at the closing bell, with tech and telecoms stocks adding more than 1% while basic resources fell 0.8%. Marks & Spencer shares fell more than 10% after the British retailer reported a 0.6%...