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Opening Wrap – Thursday, February 27, 2020

In Asian Equity Markets indices fell on Thursday as investors remained cautious over the fast-spreading new coronavirus that has infected more than 81,000 people and killed over 2,700. Japanese stocks led losses among major markets in the region as the Nikkei 225 fell...

Closing Wrap – Wednesday, February 26, 2020

In European Equity Markets the pan-European Stoxx 600 closed slightly below the flatline, paring some earlier losses. Travel and leisure stocks were the worst performers, down more than 2%. Groupe PSA beat full-year revenue estimates and reported a 13.2% rise in...

Opening Wrap – Wednesday, February 26, 2020

In Asian Equity Markets indices declined in Wednesday after stocks on Wall Street fellfor a second day. The Nikkei 225 in Japan fell 1.85% in morning trade after declining more than 3% on Tuesday. South Korea’s Kospi fell 1.67% while the Kosdaq declined...

Closing Wrap – Tuesday, February 25, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 1.8% provisionally, with all sectors in the red. Among the major bourses, France’s CAC was among the worst performers, falling 2%. Italy’s FTSE MIB also fell, extending sharp declines seen yesterday, on...

Opening Wrap – Tuesday, February 25, 2020

In Asian Equity Markets stocks in Japan saw sharp declines on Tuesday following an overnight decline on Wall Street as fears of the economic impact from the coronavirus outbreak spread. The Nikkei 225 fell 3.97% in early trade, before easing to losses of 3.36% as...

Opening Wrap – Monday, February 24, 2020

In Asian Equity Markets stocks in South Korea led losses among major Asian markets in Monday after the country raised its coronavirus alert to the “highest level” following a rapid spike in cases over the weekend. The Kospi was down 3.1% as shares of automaker Hyundai...

Closing Wrap – Thursday, February 20, 2020

In European Equity Markets the pan-European Stoxx 600 was down 0.4%, with insurance stocks falling 1.4% to lead losses while autos bucked the trend to jump 1.2%. Earnings are a key driver of individual share price action Thursday. Shares of Sweden’s Elekta fell 6%...

Opening Wrap – Thursday, February 20, 2020

In Asian Equity Markets indices traded higher on Thursday morning, with China cutting its loan prime rate (LPR) as the country grappled with the economic impact of an ongoing coronavirus outbreak. Shares in Japan led gains among major markets in the region. The Nikkei...

Closing Wrap – Wednesday, February 19, 2020

In European Equity Markets the pan-European Stoxx 600 closed up by around 0.8%, having notched a fresh record high earlier in the session. Technology shares led the gains with a 1.4% jump as all sectors and major bourses traded in positive territory. Puma shares...

Opening Wrap – Wednesday, February 19, 2020

In Asian Equity Markets recovered on Wednesday after falling a day before. Hong Kong’s Hang Seng index rose 0.44%. The city reported its second coronavirus death, marking the sixth fatality outside mainland China. The Shanghai composite rose 0.3%. Japan’s Nikkei...

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