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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...

Closing Wrap – Friday, January 10, 2020

In European Equity Markets the pan-European Stoxx 600 ended up 0.1%, with utilities stocks surging 1.4% while retail stocks retreated by around 0.7%. EasyJet shares jumped 3.4% after competitor Ryanair raised its full-year profit forecast. Ryanair stock was up by 5.7%...

Opening Wrap – Friday, January 10, 2020

In Asian Equity Markets indices were mostly in positive territory on Friday following the easing of U.S.-Iran tensions, and after U.S. stocks shot to new highs overnight. Hong Kong’s Hang Seng index lost 0.10%. In Japan, the Nikkei 225 rose 0.25%, while the Topix was...

Closing Wrap – Thursday, January 9, 2020

In European Equity Markets the pan-European Stoxx 600 gained 0.3% higher at the closing bell, with tech and telecoms stocks adding more than 1% while basic resources fell 0.8%. Marks & Spencer shares fell more than 10% after the British retailer reported a 0.6%...

Opening Wrap – Thursday, January 9, 2020

In Asian Equity Markets indices rebounded Thursday after U.S. President Donald Trump’s comments on the Iran conflict eased investor worries about further escalation of geopolitical risks in the Middle East. The Nikkei 225 in Japan gained 1.9%, erasing its losses from...

Closing Wrap – Wednesday, January 8, 2020

In European Equity Markets the pan-European Stoxx 600 ended 0.1% lower at the closing bell, with travel and leisure stocks adding 0.6% to lead gains while food and beverages slipped 0.6%. Shares of London-listed NMC Health fell 16% after two investors sold their...

Opening Wrap – Wednesday, January 8, 2020

In Asian Equity Markets indices retraced some losses on Wednesday after falling when reports said rockets were fired at an Iraqi airbase that hosts American troops. In Japan, the Nikkei 225 eased from earlier declines of more than 2% to trade down 1.33%. Japanese...

Closing Wrap – Tuesday, January 7, 2020

In European Equity Markets the pan-European Stoxx 600 was 0.3% lower at the closing bell, with tech stocks up more than 1.3% while oil and gas stocks gave back 0.5%, having previously jumped on the back of U.S.-Iran escalations. British luxury car-maker Aston Martin...

Opening Wrap – Tuesday, January 7, 2020

In Asian Equity Markets indices jumped on Tuesday, after falling a day earlier amid rising geopolitical concerns in the Middle East. Japan’s Nikkei 225 jumped 1.66%, after falling 1.91% by Monday’s close. The Topix index rose 1.36%. Most sectors gained, with tech...

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