Wraps

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Closing Wrap – Friday, January 17, 2020

In European Equity Markets the pan-European Stoxx 600 ended up 1%, reaching a fresh record high. Basic resources stocks jumped 2.3% to lead gains as all sectors and major bourses traded in positive territory. NMC Health’s London-listed stock jumped 9.1% after the Abu...

Opening Wrap – Friday, January 17, 2020

In Asian Equity Markets indices rose on Friday, as the release of China’s gross domestic product (GDP) numbers showed growth was in  line with analyst expectations. Chinese markets rose following the release of those numbers. The Shanghai composite was up 0.47%. Hong...

Closing Wrap – Thursday, January 16, 2020

In European Equity Markets the pan-European Stoxx 600 index closed up by 0.2%. Utilities shares were the biggest gainers, climbing 0.9%, while autos stocks fell 0.9%. Tullow Oil stock jumped 11%, recovering from a sharp decline on Wednesday after the British oil...

Opening Wrap – Thursday, January 16, 2020

In Asian Equity Markets indices were flat on Thursday after the United States and China ended some uncertainties for the world economy by signing a partial trade agreement. Japan’s Nikkei 225 rose 0.14%. In South Korea, the Kospi index picked up a gain of 0.23% as...

Closing Wrap – Wednesday, January 15, 2020

In European Equity Markets the pan-European Stoxx 600 closed just below the flatline, with autos falling 1.7% to lead losses while utilities stocks bucked the trend to gain 1.3%. ASMI shares jumped 10.8% after the Dutch semiconductor company reported...

Opening Wrap – Wednesday, January 15, 2020

In Asian Equity Markets most indices headed lower on Wednesday as investors awaited the signing of an initial US-China trade deal, with sentiment somewhat dented by comments from the US Treasury Secretary that tariffs would remain in place for now. MSCI's broadest...

Closing Wrap – Tuesday, January 14, 2020

In European Equity Markets the pan-European Stoxx 600 closed 0.24% higher having jumped between red and black multiple times during a choppy session. Household goods stocks added 0.65% on average and travel and leisure stocks notched a 0.75% gain. Oil and gas sector...

Opening Wrap – Tuesday, January 14, 2020

In Asian Equity Markets indices were mostly higher. The Nikkei 225 climbed 0.51%. Shares of technology conglomerate Softbank rose 3.22%. In South Korea, the Kospi gained 0.38%. Australia’s S&P/ASX 200 was up 0.64% as major miners gained. Fortescue Metals was up...

Closing Wrap – Monday, January 13, 2020

In European Equity Markets the pan-European Stoxx 600 fell 0.24% by the late afternoon, with autos falling 1.1% to lead losses while tech and utilities stocks added 0.3%. Pennon Group shares jumped 6% after the Telegraph newspaper reported that the British water...

Opening Wrap – Monday, January 13, 2020

In Asian Equity Markets indices mostly rose by Monday morning as investors await the signing of a phase-one trade deal between the U.S. and China. In South Korea, the Kospi rose 0.72%, with cosmetics stocks notching significant gains. Japan’s markets are closed for a...

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