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Opening Wrap – Tuesday March 12, 2019
In Asian Equity Markets the Nikkei 225 jumped more than 2 percent, with most sectors putting in strong gains. The broader Topix rose 1.88 percent. The Shanghai composite jumped 1.61 percent. Hong Kong's Hang Seng index traded up 1.41 percent. Shares of China's Meituan...
Closing Wrap – Monday March 11, 2019
In European Equity Markets the pan-European Stoxx 600 index closed up by 0.76 percent with almost every sector in the black. Banks were in the spotlight with the sector trading 1.5 percent higher. Commerzbank rose to the top of the benchmark, up over 7 percent. This...
Opening Wrap – Monday March 11, 2019
In Asian Equity Markets indices traded mixed on Monday. Japan's Nikkei 225 see-sawed between gains and losses to trade up 0.16 percent mid-morning while the Topix index added 0.35 percent. Nissan shares traded up 1.01 percent as former boss Carlos Ghosn is reportedly...
Closing Wrap – Friday March 8, 2019
In European Equity Markets the pan-European Stoxx 600 was down 0.78 percent percent on Friday trade, with every sector but telecoms in the red. All major European bourses were in negative territory too. Vonovia was a top performer in Europe after reporting strong...
Opening Wrap – Friday March 8, 2019
In Asian Equity Markets mainland Chinese shares fell in early trade. Shanghai composite fell 2.4 percent. Japan's Nikkei 225 fell1.53 percent in morning trade, as shares of index heavyweights Fast Retailing, Softbank and Fanuc all saw declines. Over in South Korea,...
Closing Wrap – Thursday March 7, 2019
In European Equity Markets indices closed lower Thursday after the European Central Bank cut its forecast for growth in the euro zone. At the closing bell, the pan-European Stoxx 600 was down almost 0.6 percent with almost every sector in the red. Autos and basic...
Opening Wrap – Thursday March 7, 2019
In Asian Equity Markets Japan's Nikkei 225 fell 0.7 percent in morning trade as shares of index heavyweight Fanuc declined 3.43 percent, while the Topix declined 0.77 percent. Renesas Electronics fell 14.62 percent after reports that the company plans to partially...
Closing Wrap – Wednesday March 6, 2019
In European Equity Markets the pan-European Stoxx 600 was up 0.2 percent with most sectors in positive territory. Basic resources was the best performing sector, up 1 percent, while autos led the losses amid continued trade tensions. In corporate news, DS Smith was...
Opening Wrap – Wednesday March 6, 2019
In Asian Equity Markets Japan's Nikkei 225 declined 0.63 percent and the Topix fell 0.24 percent. Shares of Fast Retailing, the company behind the Uniqlo chain of apparel stores, fell around 2.8 percent. In South Korea, the Kospi fell 0.18 percent as industry...
Closing Wrap – Tuesday March 5, 2019
In European Equity Markets the pan-European Stoxx 600 closed down 0.2 percent, with most sectors in negative territory. Autos and industrials were among the worst performing sectors as China cut its growth targets to a 30-year low. Telecoms were the clear...