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Closing Wrap – Wednesday, November 13, 2019
In European Equity Markets the pan-European Stoxx 600 was down 0.2% during afternoon trade, dragged down by bank shares. Commerzbank was the worst performer in the sector, down 6%, while Deutsche Bank slipped over 4%. Danish medical technology supplier Ambu jumped 25%...
Opening Wrap – Wednesday, November 13, 2019
In Asian Equity Markets indices fell Wednesday morning. Mainland Chinese stocks declined in early trade, with the Shanghai composite down 0.49% and the Shenzhen component shedding 0.48%. The Shenzhen composite also fell 0.27%. Hong Kong’s Hang Seng index fell 1.36% in...
Closing Wrap – Tuesday, November 12, 2019
In European Equity Markets the pan-European Stoxx 600 ended up by 0.5%, with telecoms stocks leading gains. Iliad was the top driver in the sector, up 20% on the back of strong earnings and the unveiling of a new share buyback plan. Infineon shares gained 6% after the...
Opening Wrap – Tuesday, November 12, 2019
In Asian Equity Markets indices struggled for direction in Tuesday. Japan’s Nikkei 225 was 0.12% higher. Automaker Nissan Motor’s shares gained more than 0.1% ahead of the expected release of its quarterly earnings report on Tuesday. Meanwhile, market movements in...
Closing Wrap – Monday, November 11, 2019
In European Equity Markets the pan-European Stoxx 600 index closed unchanged. Basic resources stocks - with their heavy exposure to China - falling over 1%. In terms of individual stocks, British baker Greggs jumped 16.8% to lead the Stoxx 600 after posting strong...
Opening Wrap – Monday, November 11, 2019
In Asian Equity Markets indices saw losses by Monday, as shares in Hong Kong fell with tensions soaring in the city. Chinese mainland markets fell: The Shanghai composite was down 1.22% and the Shenzhen composite declined 1.61%. The Shenzhen component index fell...
Closing Wrap – Friday, November 8, 2019
In European Equity Markets the pan-European Stoxx 600 index closed down around 0.4%, with most sectors and major bourses in negative territory. Retailers were among the worst performers, Ocado leading the sector’s losses with a more than 7% decline. Richemont fell 6%...
Opening Wrap – Friday, November 8, 2019
In Asian Equity Markets indices were mixed on Friday. The Shanghai composite added 0.35% and the Shenzhen component rose 0.86%. Hong Kong’s Hang Seng index, on the other hand, shed 0.44%. In Japan, the Nikkei 225 gained 0.15% as shares of index heavyweight and...
Closing Wrap – Thursday, November 7, 2019
In European Equity Markets the pan-European Stoxx 600 closed up 0.29%, slightly paring earlier gains which saw the European blue-chip index hit its highest point since July 2015. Auto stocks jumped 1.7% to lead gains while utilities slid 1.9%. Siemens on Thursday...
Opening Wrap – Thursday, November 7, 2019
In Asian Equity Markets indices were mixed in Thursday. Hong Kong’s Hang Seng index fell 0.34% as shares of Chinese tech giant Tencent declined 1.92%. In Japan, the Nikkei 225 was slightly lower while the Topix index was largely flat. Shares of Softbank Group fell...