Wraps

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Closing Wrap – Friday, August 2, 2019

In European Equity Markets the pan-European Stoxx 600 was down 2.4% by the end of the session, basic resources and auto stocks falling 4.6% and 3.4% respectively as all sectors traded in the red. Tech stocks also among the biggest losers falling 3.6%. Automotive parts...

Opening Wrap – Friday, August 2, 2019

In Asian Equity Markets indices were lower Friday morning after a surprise tariff announcement from the United States escalated trade tensions between Washington and Beijing. The Shanghai composite fell 1.68%, the Shenzhen component declined 1.87%. Over in Hong Kong,...

Closing Wrap – Thursday, August 1, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.41% higher, led by a 2.2% gain for financial services stocks. Basic resources fell 3.2% on the back of a steep loss for Tenaris after the Luxembourg-based steel company missed second-quarter earnings...

Opening Wrap – Thursday, August 1, 2019

In Asian Equity Markets indices were trading lower Thursday morning as major South Korean technology names came under pressure. The benchmark Kospi slipped 0.5% as major chip-makers fell in early trade. Samsung shares declined 0.88% while SK Hynix fell 0.78%. Trade...

Closing Wrap – Wednesday, July 31, 2019

In European Equity Markets the pan-European Stoxx 600 climbed 0.2%, with the majority of sectors and major bourses in positive territory. The FTSE 100 in London was the outlier in Europe, falling 0.6% as the pound moved away from recent lows. Earnings remain in...

Opening Wrap – Wednesday, July 31, 2019

In Asian Equity Markets indices lower Wednesday morning amid dampened expectations for a resolution to the U.S.-China trade war. Mainland Chinese stocks fell, with the Shanghai composite down 0.61%. In Hong Kong, the Hang Seng index fell 1.15% as shares of life...

Closing Wrap – Tuesday, July 30, 2019

In European Equity Markets the pan-European Stoxx 600 closed off by 1.45%. Autos and banks led the losses, both off more than 2%, as all sectors and major bourses traded firmly in the red. Germany’s DAX was among the worst-performing bourses after a series of weak...

Opening Wrap – Tuesday, July 30, 2019

In Asian Equity Markets indices edged up in Tuesday morning trade. The Nikkei 225 rose 0.68% by the lunch break, with shares of index heavyweight Fanuc jumping 3.35%.  Over in mainland China, the Shanghai composite added 0.63% in morning trade, while the Shenzhen...

Closing Wrap – Monday, July 29, 2019

In European Equity Markets the pan-European Stoxx 600 restored early gains to close 0.14% higher as markets reacted positively to a series of potential mergers and earnings. Telecoms and financial services stocks closed with 1.5% and 1.7% gains, while autos fell 0.9%....

Opening Wrap – Monday, July 29, 2019

In Asian Equity Markets fell in Monday morning trade. In mainland China, the Shanghai composite rose 0.12%, while the Shenzhen component added 0.15%. Hong Kong’s Hang Seng index fell 0.57%. The Nikkei 225 in Japan declined 0.44% in morning trade, as index heavyweight...

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