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Opening Wrap – Tuesday, July 9, 2019
In Asian Equity Markets indices mostly declined on Tuesday amid dampened expectations on the Fed cutting rates this month. Mainland China shares continued to fall after losses on Monday. The Shanghai composite edged down 0.16%. Hong Kong’s Hang Seng index pared some...
Closing Wrap – Monday, July 8, 2019
In European Equity Markets the pan-European Stoxx 600 fell below the flatline at the closing bell. Europe’s banking stocks led the losses, trading 1% lower after Deutsche Bank announced it would pull out of its global equities sales and trading operations, scale back...
Opening Wrap – Monday, July 8, 2019
In Asian Equity Markets indices were lower in Monday morning trade. In Japan, the Nikkei 225 slipped 0.8%, while the Topix index shed 0.56%. Over in South Korea, the Kospi decline 1.69%, as shares of industry heavyweight Samsung Electronics and SK Hynix fell more than...
Closing Wrap – Friday, July 5, 2019
In European Equity Markets the pan-European Stoxx 600 closed 0.7% lower in the end of week session, with basic resources shedding 2% while banks and retail stocks were the only sectors trading in positive territory, each up just 0.2%. The European blue chip index’s...
Opening Wrap – Friday, July 5, 2019
In Asian Equity Markets were muted on Friday morning ahead of the release of the U.S. nonfarm payrolls report. Mainland Chinese stocks were lower in early trade, with the Shanghai composite down 0.22% and the Shenzhen component largely flat. Over in Hong Kong,...
Closing Wrap – Thursday, July 4, 2019
In European Equity Markets the pan-European Stoxx 600 ended Thursday’s trade marginally higher with, telecoms leading gains with a 0.8% climb while utilities stocks fell 0.9% at the close. Shares of Italian banks Unicredit and Ubi Banca climbed 4.3% following Italy’s...
Opening Wrap – Thursday, July 4, 2019
In Asian Equity Markets indices traded higher on Thursday morning as shares on Wall Street saw a record close overnight. Shares in mainland China gained in early trade, with the Shanghai composite and Shenzhen component fractionally higher. The Shenzhen composite also...
Closing Wrap – Wednesday, July 3, 2019
In European Equity Markets the pan-European Stoxx 600 closed up by 0.8%, with the majority of sectors and all major bourses in positive territory. Travel and leisure stocks led the gains with a 2% jump. German lighting firm Osram, rose by about 11.5%, to the top of...
Opening Wrap – Wednesday, July 3, 2019
In Asian Equity Markets indices were down on Wednesday morning, as global trade concerns weighed on investor sentiment. The Shanghai composite was lower by 0.75% and the Shenzhen component shed 0.59%. The Shenzhen composite fell 0.62%. Hong Kong’s Hang Seng...
Closing Wrap – Tuesday, July 2, 2019
In European Equity Markets the pan-European Stoxx 600 closed up 0.4%. Utilities led the gains with a 2% rise, while oil and gas stocks fell 0.6% amid a sharp decline in crude prices. Galapagos NV saw its shares trade 5% higher, to the top of the Stoxx 600, after...