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Closing Wrap – Thursday, November 21, 2019

In European Equity Markets the pan-European Stoxx 600 was 0.4% lower at the closing bell, with almost every sector and all major bourses in negative territory. Basic resources, a sector heavily exposed to China, fell 1.5% to lead losses, while autos stocks bucked the...

Opening Wrap – Thursday, November 21, 2019

In Asian Equity Markets indices traded lower Thursday morning. Japan’s Nikkei 225 slipped 1.81% in morning trade, with shares of Tokyo Electron falling more than 4%. The Topix index was 1.47% lower. In South Korea, the Kospi shed 1.64%. Hong Kong’s Hang Seng...

Closing Wrap – Wednesday, November 20, 2019

In European Equity Markets the pan-European Stoxx 600 was 0.3% lower at the closing bell. Travel and leisure stocks led losses, ending the session more than 1% lower, while the China-exposed basic resources sector was 0.4% lower. Shares of Britain’s Micro Focus jumped...

Opening Wrap – Wednesday, November 20, 2019

In Asian Equity Markets mainland Chinese stocks edged lower in early trade, with the Shanghai composite down 0.28% and Shenzhen component just below the flat-line. The Shenzhen composite was largely flat. Hong Kong’s Hang Seng index fell 0.96%. Elsewhere, Japan’s...

Closing Wrap – Tuesday, November 19, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.2%, having earlier hit its highest since May 2015. Travel and leisure stocks jumped 0.6% to lead gains, as most sectors fell below the flatline. Satellite operator SES fell 22% after the chairman of the...

Opening Wrap – Tuesday, November 19, 2019

In Asian Equity Markets Japan’s Nikkei 225 shed 0.44% in morning trade, with shares of index heavyweight and robot maker Fanuc falling more than 1%. The Topix index also declined 0.33%. In South Korea, the Kospi fell 0.76%. Mainland Chinese stocks were mostly higher...

Closing Wrap – Friday, November 15, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.35%. Basic resource stocks, with their exposure to China, were among the top gainers, with the sector up over 1%. Moller-Maersk climbed around 6% to the top of the Stoxx 600 after releasing strong...

Opening Wrap – Friday, November 15, 2019

In Asian Equity Markets indices were mixed in Friday morning trade. Mainland Chinese stocks fell in early trade, with the Shanghai composite shedding about 0.1% and the Shenzhen component declining 0.34%. The Shenzhen composite also fell 0.40%. Hong Kong’s Hang Seng...

Closing Wrap – Thursday, November 14, 2019

In European Equity Markets the pan-European Stoxx 600 edged 0.29% below the flatline, with autos falling more  than 1% to lead losses as most sectors and major bourses traded in negative territory. Daimler shares fell more than 3.2% to lead the automotive sector into...

Opening Wrap – Thursday, November 14, 2019

In Asian Equity Markets indices were mixed in Thursday morning trade. Hong Kong’s Hang Seng index fell 0.4%, as shares of Chinese tech juggernaut Tencent dropped around 2% after the heavyweight announced on Wednesday a 13% year-on-year decline in profit. Elsewhere,...

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