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Opening Wrap – Thursday, April 9, 2020

In Asian Equity Markets indices were mostly higher in Thursday trade ahead of the release of the U.S. unemployment claims report. Shares in Australia led gains among the region’s major markets, with the S&P/ASX 200 jumping 2.06% as shares of major banks such...

Closing Wrap – Wednesday, April 8, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.2%, with oil and gas stocks shedding 1.4% to lead losses, while the travel and leisure sector gained 3%. Global markets continue to seesaw on hopes and fears over the direction that the coronavirus...

Opening Wrap – Wednesday, April 8, 2020

In Asian Equity Markets were mixed Wednesday as countries in the region continued to put measures in place to battle the coronavirus pandemic. Mainland Chinese stocks dipped by the afternoon, with the Shanghai composite down 0.32%. Hong Kong’s Hang Seng index also...

Closing Wrap – Friday, March 20, 2020

In European Equity Markets the pan-European Stoxx 600 closed around 1.4% higher, paring earlier gains. Travel and leisure stocks surged over 9% to lead gains after taking a hammering due to coronavirus shutdowns, while media stocks bucked the upward trend to fall more...

Opening Wrap – Friday, March 20, 2020

In Asian Equity Markets South Korean stocks, which saw heavy losses on Thursday, jumped Friday morning as the Kospi advanced 4.29% while the Kosdaq index jumped 5.77%. Hong Kong’s Hang Seng index also jumped 2.81%. Over in Australia, the S&P/ASX 200 rose 2.16% as...

Closing Wrap – Wednesday, March 18, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 4%, with oil and gas stocks plunging nearly 10% to lead losses as all sectors and major bourses slid deep into negative territory. Plane manufacturer Airbus fell 20% after Reuters reported that the U.S....

Opening Wrap – Wednesday, March 18, 2020

In Asian Equity Markets indices were mixed on Wednesday trade as stocks on Wall Street bounced back overnight on hopes of stimulus as the country grapples with the coronanvirus outbreak. Australia stocks led losses among the region’s major markets, with...

Closing Wrap – Tuesday, March 17, 2020

In European Equity Markets the pan-European Stoxx 600 finished 2.2% higher amid a choppy session, having gained 3% at the opening bell and then fallen into the red. Travel and leisure stocks fell 6%, off earlier lows, as shutdowns continue to hammer the sector....

Opening Wrap – Tuesday, March 17, 2020

In Asian Equity Markets indices rose Tuesday as they seesawed after shares on Wall Street plunged to their biggest day drop in more than three decades overnight, and the Philippines shut its markets temporarily. Stocks in Australia led gains among the region’s major...

Closing Wrap – Monday, March 16, 2020

In European Equity Markets the pan-European Stoxx 600 closed 5.1% lower, off lows hit earlier in the session. Travel and leisure stocks plummeted around 10% to lead losses as all sectors and major bourses ended the day in the red. Airlines and travel companies...

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