Wraps

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Closing Wrap – Friday, October 18, 2019

In European Equity Markets the pan-European Stoxx 600 ended lower by 1.15%, with autos trading down 1.45 % on the back of a profit warning from Renault, while basic resources added 0.33%. French automaker Renault cut its 2019 revenue outlook and profit forecasts...

Opening Wrap – Friday, October 18, 2019

In Asian Equity Markets indices were mixed on Friday morning, as China released worse-than-expected gross domestic product figures as its protracted trade conflict with the U.S. continuing to take its toll on growth. Mainland Chinese markets were muted after the...

Closing Wrap – Thursday, October 17, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.1% higher by Thursday’s close, with healthcare and financial services stocks leading gains while food and beverages incurred the heaviest losses, slipping 0.8% lower. WH Smith shares jumped 5.8% after the...

Opening Wrap – Thursday, October 17, 2019

In Asian Equity Markets both MSCI's broadest index of Asia-Pacific shares outside Japan and Japan's Nikkei were little changed in early trade. The Hang Seng Index jumped 0.65%, with shares of property developers rising after the city’s leader Carrie Lam announced on...

Closing Wrap – Wednesday, October 16, 2019

In European Equity Markets the pan-European Stoxx 600 slightly pared early losses to end the session just 0.05% below the flatline, with financial services falling 0.9% to lead losses while auto stocks climbed 1.6%. Shares of Norwegian seafood company Mowi jumped over...

Opening Wrap – Wednesday, October 16, 2019

In Asian Equity Markets hares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union. Japan's Nikkei jumped 1.5%, hitting...

Closing Wrap – Tuesday, October 15, 2019

In European Equity Markets the pan-European Stoxx 600 was 1% higher at the closing bell. Retail and banking stocks climbed 2.4% to lead gains as all sectors traded in positive territory. Wirecard fell 12.8% to the bottom of the Stoxx 600 after the Financial Times...

Opening Wrap – Tuesday, October 15, 2019

In Asian Equity Markets indices inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. MSCI’s broadest index of Asia-Pacific shares outside Japan was up...

Closing Wrap – Monday, October 14, 2019

In European Equity Markets the pan-European Stoxx 600 closed down around 0.5%, with basic resources stocks shedding over 2% to lead losses as almost all sectors and major bourses traded in negative territory. In terms of individual stocks, Britain’s Jupiter Fund...

Opening Wrap – Monday, October 14, 2019

In Asian Equity Markets markets pushed higher on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen. Australia’s main index gained 0.9% and South Korea firmed 1.3%. While Tokyo was on...

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