Wraps

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Closing Wrap – Friday, October 11, 2019

In European Equity Markets the pan-European Stoxx 600 closed up by more than 2%, with bank shares rising close to 5% higher as most sectors and all major bourses traded in positive territory. In corporate news, Renault ousted CEO Thierry Bollore in a shareholder vote...

Opening Wrap – Friday, October 11, 2019

In Asian Equity Markets mainland Chinese stocks edged up in early trade, with the Shanghai composite up about 0.2% and the Shenzhen composite fractionally higher. Hong Kong’s Hang Seng index jumped 1.31%, with shares of CNOOC jumping 3.13%. The Nikkei 225 in Japan...

Closing Wrap – Thursday, October 10, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.8%, after fluctuating for much of the session. Trade-sensitive sectors autos and basic resources led the gains, adding over 2% and 3%. In terms of individual stocks, luxury goods maker LVMH climbed more...

Opening Wrap – Thursday, October 10, 2019

In Asian Equity Markets the Nikkei 225 in Japan fell 0.6% as shares of index heavyweight and robot maker Fanuc fell 1.82%. The Topix index also declined 0.88%. Core machinery orders in the country fell for the second consecutive month in August, according to Cabinet...

Closing Wrap – Wednesday, October 9, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.4% higher, with trade-sensitive autos and technology stock baskets leading gains. All sectors except utilities and retail were in positive territory. In terms of individual stocks, British sports betting...

Opening Wrap – Wednesday, October 9, 2019

In Asian Equity Markets mainland Chinese stocks declined in early trade, with the Shanghai composite down about 0.5%. Hong Kong’s Hang Seng index shed 0.51% as shares of Hong Kong Exchanges and Clearing fell 1.12%. he Nikkei 225 in Japan slipped 0.9% while the Topix...

Closing Wrap – Tuesday, October 8, 2019

In European Equity Markets shares fell on Tuesday as an escalation in U.S.-China trade tensions and Brexit worries along with disappointing corporate news dented sentiment. All major sectors in Europe were in the red, and while most of the big markets in the region...

Opening Wrap – Tuesday, October 8, 2019

In Asian Equity Markets the Nikkei 225 in Japan rose 1.03% while the Topix index added 0.82%. South Korea’s Kospi index was up 1.03% as Samsung shares gained 1.05%. The tech giant announced third-quarter guidance, saying its operating profit for the three months that...

Closing Wrap – Monday, October 7, 2019

In European Equity Markets the pan-European Stoxx 600 gained 0.74%, led by a 0.4% rise for chemicals and energy stocks while media and financial services continued to lag. Austrian chipmaker AMS said on Friday that its takeover bid for German lighting group Osram had...

Opening Wrap – Monday, October 7, 2019

In Asian Equity Markets indices traded mixed Monday morning as investors awaited a fresh round of U.S.-China trade negotiations set to begin later this week. Japan’s Nikkei 225 fell by 0.3% after starting the trading day higher. Shares of index heavyweight Fast...

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