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Closing Wrap – Wednesday, November 6, 2019
In European Equity Markets the pan-European Stoxx 600 was closed 0.12% higher, with stocks in the baskets of autos, construction and basic resources struggling the most. Chemicals and food & beverages logged positive gains. Adidas, reported a 6% year-on-year...
Opening Wrap – Wednesday, November 6, 2019
In Asian Equity Markets indices were mostly lower in Wednesday as investors monitor developments on U.S.-China trade.. Mainland Chinese stocks declined, with the Shanghai composite down 0.19%. Hong Kong’s Hang Seng index fell fractionally. Elsewhere, the Nikkei 225 in...
Closing Wrap – Tuesday, November 5, 2019
In European Equity Markets the pan-European Stoxx 600 climbed 0.23% by the closing bell, with basic resources jumping over 1.9% while utilities stocks fell around 0.8% to lead sectoral losses. In terms of individual stocks, earnings remained in focus as Pandora shares...
Opening Wrap – Tuesday, November 5, 2019
In Asian Equity Markets indices rose in Tuesday trade following record closes overnight on Wall Street. Shares in Japan led the region following a return from a Monday holiday. The Nikkei 225 rose 2% as shares of index heavyweight Softbank Group jumped more than 2.5%....
Closing Wrap – Monday, November 4, 2019
In European Equity Markets the pan-European Stoxx 600 closed 0.97% higher, with trade-sensitive Autos jumping 2.8% on average and the Basic Resources basket up more than 3%. Earnings continue to serve as the focal point for individual stock performance. Siemens...
Opening Wrap – Monday, November 4, 2019
In Asian Equity Markets indices rose in Monday trade amid optimism on the U.S.-China trade front. Mainland Chinese shares rose by the afternoon, with the Shanghai composite up 0.75%. In Hong Kong, the Hang Seng index jumped 1.28%. Shares of life insurer AIA rose more...
Closing Wrap – Friday, November 1, 2019
In European Equity Markets the pan-European Stoxx 600 closed up 0.6%, with almost all sectors and major bourses in positive territory. The benchmark nudged just 0.16% lower for the week. Europe’s autos and mining stocks - with their heavy exposure to China - led the...
Opening Wrap – Friday, November 1, 2019
In Asian Equity Markets traded cautiously Friday morning. Mainland Chinese stocks struggled for direction in early trade. The Shanghai composite slipped about 0.2% and the Shenzhen component traded around 0.3% higher. Japan’s Nikkei 225 declined 0.44% in morning...
Closing Wrap – Thursday, October 31, 2019
In European Equity Markets the pan-European Stoxx 600 was down 0.3%, with the China-exposed basic resources and automotive sectors each tumbling more than 1%. Oil and gas stocks shed 1.2%, meanwhile, after results from Royal Dutch Shell. Travel stocks were the...
Opening Wrap – Thursday, October 31, 2019
In Asian Equity Markets indices traded higher Thursday. South Korea’s Kospi gained 0.93%. Samsung Electronics reported earnings that were better than guidance given by the firm earlier in October. Operating profit for the three months ending in September fell 56% as...