Wraps

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Opening Wrap – Thursday, July 4, 2019

In Asian Equity Markets indices traded higher on Thursday morning as shares on Wall Street saw a record close overnight. Shares in mainland China gained in early trade, with the Shanghai composite and Shenzhen component fractionally higher. The Shenzhen composite also...

Closing Wrap – Wednesday, July 3, 2019

In European Equity Markets the pan-European Stoxx 600 closed up by 0.8%, with the majority of sectors and all major bourses in positive territory. Travel and leisure stocks led the gains with a 2% jump. German lighting firm Osram, rose by about 11.5%, to the top of...

Opening Wrap – Wednesday, July 3, 2019

In Asian Equity Markets indices were down on Wednesday morning, as global trade concerns weighed on investor sentiment. The Shanghai composite was lower by 0.75% and the Shenzhen component shed 0.59%. The Shenzhen composite fell 0.62%. Hong Kong’s Hang Seng...

Closing Wrap – Tuesday, July 2, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.4%. Utilities led the gains with a 2% rise, while oil and gas stocks fell 0.6% amid a sharp decline in crude prices. Galapagos NV saw its shares trade 5% higher, to the top of the Stoxx 600, after...

Opening Wrap – Tuesday, July 2, 2019

In Asian Equity Markets indices edged up in Tuesday morning trade. Mainland Chinese stocks were mostly higher in early trade, with the Shenzhen component gaining 0.11%. The Shanghai composite was largely flat. Hong Kong’s Hang Seng index, which returned to trade after...

Closing Wrap – Monday, July 1, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.9%, slightly cutting its early gain after weak euro zone PMI data. Technology stocks led gains, up nearly 2% having hit a 1-year high earlier in the session. Food and beverages was the only sector trading...

Opening Wrap – Monday, July 1, 2019

In Asian Equity Markets indices mostly rose in Monday morning trade after U.S. President Donald Trump and Chinese President Xi Jinping agreed to hold off on slapping additional tariffs in an effort to resume trade talks. The Shanghai composite added 1.74%. Hong...

Closing Wrap – Friday, June 28, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.7% higher. Autos and basic resources, two sectors particularly sensitive to trade-related news, rose almost 0.8% and 1.5%. Euro zone inflation was stable at 1.2% in June. French retailer Casino...

Opening Wrap – Friday, June 28, 2019

In Asian Equity Markets indices fell in Friday morning trade. In Japan, the Nikkei 225 slipped 0.5% in morning trade, with shares of index heavyweight and robot maker Fanuc declining more than 1%. The Topix index also shed 0.37%. Mainland Chinese stocks fell in early...

Closing Wrap – Thursday, June 27, 2019

In European Equity Markets the pan-European Stoxx 600 closed flat. Retail stocks bucked the trend to rise more than 2%, buoyed by a sharp gain in H&M shares, while the media sector led declines with a 0.7% fall. Vodafone is reportedly set to secure EU antitrust...

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