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Opening Wrap – Thursday, March 12, 2020

In Asian Equity Markets fell sharply on Thursday. In Japan, the Nikkei 225 declined 3.3%. South Korea’s Kospi also fell 3.04%. Meanwhile, shares in Australia dropped, with the S&P/ASX 200 down 5.51%. Hong Kong’s Hang Seng index also fell 3.81%. Mainland Chinese...

Closing Wrap – Wednesday, March 11, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.7%, having been up more than 2% earlier in the day. Travel and leisure stocks fell 4% to lead losses while banks and chemicals stocks climbed nearly 1%. Adidas warned before the opening bell of a 1...

Opening Wrap – Wednesday, March 11, 2020

In Asian Equity Markets indices were mostly lower in Wednesday as investors continue to watch for developments around government stimulus as the coronavirus continued spreading. In Japan, the Nikkei 225 slipped 1.34%. South Korea’s Kospi traded 1.53% lower. Stocks in...

Closing Wrap – Tuesday, March 10, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.88%, paring gains earlier in the session. The majority of sectors ended in the red, although basic resources was up around 1.3%. Diasorin shares leaped 10.8% after the Italian diagnostic specialist...

Opening Wrap – Tuesday, March 10, 2020

In Asian Equity Markets indices were mixed on Tuesday after stocks on Wall Street saw their worst day since the 2008 financial crisis overnight. In Japan, the Nikkei 225 fell 0.38%, adding to its 5.07% decline on Monday. The Hang Seng index in Hong Kong jumped 1.81%...

Closing Wrap – Monday, March 9, 2020

In European Equity Markets the pan-European Stoxx 600 ended the day over 7% lower, more than 20 percent from its year high of 433.90 meaning it’s in bear market territory. Oil and gas stocks fell over 16% to lead losses as all sectors and major bourses declined...

Opening Wrap – Monday, March 9, 2020

In Asian Equity Markets indices declines on Monday as oil prices fell amid fears of a price war after OPEC failed to strike a deal with its allies. The Nikkei 225  in Japan fell 5.46%, while the Topix was down 5.44%. Hong Kong’s Hang Seng index fell 3.5%. Mainland...

Closing Wrap – Friday, March 6, 2020

In European Equity Markets the pan-European Stoxx 600 closed 3.6% lower, with oil and gas shares sinking 5.5% to lead losses as all sectors and major bourses slid into the red. The sector fell as OPEC and its non-OPEC allies failed to agree an output deal to offset...

Opening Wrap – Friday, March 6, 2020

In Asian Equity Markets indices fell on Friday as volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak. Japanese stocks led losses as the Nikkei 225 fell 3.08%, with shares of index heavyweight and conglomerate Softbank...

Closing Wrap – Thursday, March 5, 2020

In European Equity Markets the pan-European Stoxx 600 closed around 1.4% lower. The index had earlier fallen as much as 2.8%. Basic resources and autos were among the worst performing sectors. Hellofresh was among the top gainers, jumping over 5% after JPMorgan...

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