Wraps

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Closing Wrap – Friday, November 15, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.35%. Basic resource stocks, with their exposure to China, were among the top gainers, with the sector up over 1%. Moller-Maersk climbed around 6% to the top of the Stoxx 600 after releasing strong...

Opening Wrap – Friday, November 15, 2019

In Asian Equity Markets indices were mixed in Friday morning trade. Mainland Chinese stocks fell in early trade, with the Shanghai composite shedding about 0.1% and the Shenzhen component declining 0.34%. The Shenzhen composite also fell 0.40%. Hong Kong’s Hang Seng...

Closing Wrap – Thursday, November 14, 2019

In European Equity Markets the pan-European Stoxx 600 edged 0.29% below the flatline, with autos falling more  than 1% to lead losses as most sectors and major bourses traded in negative territory. Daimler shares fell more than 3.2% to lead the automotive sector into...

Opening Wrap – Thursday, November 14, 2019

In Asian Equity Markets indices were mixed in Thursday morning trade. Hong Kong’s Hang Seng index fell 0.4%, as shares of Chinese tech juggernaut Tencent dropped around 2% after the heavyweight announced on Wednesday a 13% year-on-year decline in profit. Elsewhere,...

Closing Wrap – Wednesday, November 13, 2019

In European Equity Markets the pan-European Stoxx 600 was down 0.2% during afternoon trade, dragged down by bank shares. Commerzbank was the worst performer in the sector, down 6%, while Deutsche Bank slipped over 4%. Danish medical technology supplier Ambu jumped 25%...

Opening Wrap – Wednesday, November 13, 2019

In Asian Equity Markets indices fell Wednesday morning. Mainland Chinese stocks declined in early trade, with the Shanghai composite down 0.49% and the Shenzhen component shedding 0.48%. The Shenzhen composite also fell 0.27%. Hong Kong’s Hang Seng index fell 1.36% in...

Closing Wrap – Tuesday, November 12, 2019

In European Equity Markets the pan-European Stoxx 600 ended up by 0.5%, with telecoms stocks leading gains. Iliad was the top driver in the sector, up 20% on the back of strong earnings and the unveiling of a new share buyback plan. Infineon shares gained 6% after the...

Opening Wrap – Tuesday, November 12, 2019

In Asian Equity Markets indices struggled for direction in Tuesday. Japan’s Nikkei 225 was 0.12% higher. Automaker Nissan Motor’s shares gained more than 0.1% ahead of the expected release of its quarterly earnings report on Tuesday. Meanwhile, market movements in...

Closing Wrap – Monday, November 11, 2019

In European Equity Markets the pan-European Stoxx 600 index closed unchanged. Basic resources stocks - with their heavy exposure to China - falling over 1%. In terms of individual stocks, British baker Greggs jumped 16.8% to lead the Stoxx 600 after posting strong...

Opening Wrap – Monday, November 11, 2019

In Asian Equity Markets indices saw losses by Monday, as shares in Hong Kong fell with tensions soaring in the city. Chinese mainland markets fell: The Shanghai composite was down 1.22% and the Shenzhen composite declined 1.61%. The Shenzhen component index fell...

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