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Opening Wrap – Thursday, March 5, 2020

In Asian Equity Markets indices traded higher Thursday after the Dow jumped more than 1,000 points overnight stateside. Stocks in mainland China were among the biggest gainers, with the Shanghai composite up 1.4%. Hong Kong’s Hang Seng index advanced 1.17% as shares...

Closing Wrap – Wednesday, March 4, 2020

In European Equity Markets the pan-European Stoxx 600 closed over 1% higher. Utilities stocks led the gains, jumping over 3%, while travel and leisure shares bucked the trend to fall 2%. Food delivery company Hellofresh gained more than 8%, leading the Stoxx 600 after...

Opening Wrap – Wednesday, March 4, 2020

In Asian Equity Markets indices were mixed n Wednesday trade following a tumble overnight on Wall Street despite the U.S. Federal Reserve announcing an emergency rate cut. South Korea’s Kospi led gains among major Asian markets as it jumped 2.09%. Hong Kong’s Hang...

Closing Wrap – Tuesday, March 3, 2020

In European Equity Markets the pan-European Stoxx 600 index closed more than 1% higher, having earlier traded up 3% following the U.S. central bank’s decision. Most sectors ended higher, although banks bucked the trend to fall over 1%. Lufthansa led an attempted...

Opening Wrap – Tuesday, March 3, 2020

In European Equity Markets indices rose Tuesday following an overnight surge on Wall Street amid hopes central banks would potentially take action to combat the economic impact of the coronavirus outbreak. The Shanghai composite was also up 1.36%. Hong Kong’s Hang...

Closing Wrap – Monday, March 2, 2020

In European Equity Markets the pan-European Stoxx 600 closed up by 0.1%, having earlier risen as much as 2% in what was a choppy trading session. Most sectors and major bourses were in positive territory. Italian banks took a hit as shareholders balked at the...

Opening Wrap – Monday, March 2, 2020

In Asian Equity Markets indices attempted to bounce back in Monday after sharp losses last week, even though Chinese manufacturing data released over the weekend and on Monday came in much worse than expected. The Shanghai composite was about 2.9%. Hong Kong’s Hang...

Closing Wrap – Friday, February 28, 2020

In European Equity Markets the pan-European Stoxx 600 closed 3.8% lower as markets around the world tanked. The benchmark lost approximately 12.7% for the week, its worst since October 2008 at the height of the global financial crisis. Basic resources fell 4.6% to...

Opening Wrap – Friday, February 28, 2020

In Asian Equity Markets stocks declined on Friday trade as fears over the spread of the coronavirus globally drove investors to safety. Japanese stocks were among the biggest losers regionally as the Nikkei 225 fell 4.14%. The Shanghai composite was down 3.37%. Hong...

Closing Wrap – Thursday, February 27, 2020

In European Equity Markets the pan-European Stoxx 600 closed 3.6% lower, officially entering correction territory as it was off more than 10% from its record high notched on Feb. 19 last year. WPP shares fell 17% to the bottom of the Stoxx 600 after the world’s...

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