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Opening Wrap – Monday, February 24, 2020

In Asian Equity Markets stocks in South Korea led losses among major Asian markets in Monday after the country raised its coronavirus alert to the “highest level” following a rapid spike in cases over the weekend. The Kospi was down 3.1% as shares of automaker Hyundai...

Closing Wrap – Thursday, February 20, 2020

In European Equity Markets the pan-European Stoxx 600 was down 0.4%, with insurance stocks falling 1.4% to lead losses while autos bucked the trend to jump 1.2%. Earnings are a key driver of individual share price action Thursday. Shares of Sweden’s Elekta fell 6%...

Opening Wrap – Thursday, February 20, 2020

In Asian Equity Markets indices traded higher on Thursday morning, with China cutting its loan prime rate (LPR) as the country grappled with the economic impact of an ongoing coronavirus outbreak. Shares in Japan led gains among major markets in the region. The Nikkei...

Closing Wrap – Wednesday, February 19, 2020

In European Equity Markets the pan-European Stoxx 600 closed up by around 0.8%, having notched a fresh record high earlier in the session. Technology shares led the gains with a 1.4% jump as all sectors and major bourses traded in positive territory. Puma shares...

Opening Wrap – Wednesday, February 19, 2020

In Asian Equity Markets recovered on Wednesday after falling a day before. Hong Kong’s Hang Seng index rose 0.44%. The city reported its second coronavirus death, marking the sixth fatality outside mainland China. The Shanghai composite rose 0.3%. Japan’s Nikkei...

Closing Wrap – Tuesday, February 18, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.5%, with most sectors and major bourses in the red. Basic resources stocks shed 2.1% to lead losses while telecoms shares bucked the trend to climb 1.1%. Individual share price action was also being...

Opening Wrap – Tuesday, February 18, 2020

In European Equity Markets indices fell on Tuesday morning, as the new coronavirus outbreak continued to roil companies amid expectations it would cause a slowdown. Hong Kong’s Hang Seng index was down around 1%. The Shanghai composite declined 0.16%. Japan’s Nikkei...

Closing Wrap – Monday, February 17, 2020

In European Equity Markets the pan-European Stoxx 600 closed up more than 0.3% after hitting a record high earlier in the session. Autos climbed 1.2% to lead gains while tech stocks bucked the risk-on trend to fall 0.3%. Corporate earnings remain in focus. French auto...

Opening Wrap – Monday, February 17, 2020

In European Equity Markets indices traded mixed on Monday as investors continued to assess the potential economic fallout from the pneumonia-like coronavirus. The Shanghai composite rose 1.04%. Elsewhere, Japanese shares fell, with the benchmark Nikkei 225 down 0.64%...

Closing Wrap – Friday, February 14, 2020

In European Equity Markets the pan-European Euro Stoxx 600 index closed slightly lower with major bourses and sectors pointing in different directions. Earnings were a major focus for European investors. Renault shares fell slightly after reporting a surprise 2019...

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