Wraps

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Closing Wrap – Friday, November 8, 2019

In European Equity Markets the pan-European Stoxx 600 index closed down around 0.4%, with most sectors and major bourses in negative territory. Retailers were among the worst performers, Ocado leading the sector’s losses with a more than 7% decline. Richemont fell 6%...

Opening Wrap – Friday, November 8, 2019

In Asian Equity Markets indices were mixed on Friday. The Shanghai composite added 0.35% and the Shenzhen component rose 0.86%. Hong Kong’s Hang Seng index, on the other hand, shed 0.44%. In Japan, the Nikkei 225 gained 0.15% as shares of index heavyweight and...

Closing Wrap – Thursday, November 7, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.29%, slightly paring earlier gains which saw the European blue-chip index hit its highest point since July 2015. Auto stocks jumped 1.7% to lead gains while utilities slid 1.9%. Siemens on Thursday...

Opening Wrap – Thursday, November 7, 2019

In Asian Equity Markets indices were mixed in Thursday. Hong Kong’s Hang Seng index fell 0.34% as shares of Chinese tech giant Tencent declined 1.92%. In Japan, the Nikkei 225 was slightly lower while the Topix index was largely flat. Shares of Softbank Group fell...

Closing Wrap – Wednesday, November 6, 2019

In European Equity Markets the pan-European Stoxx 600 was closed 0.12% higher, with stocks in the baskets of autos, construction and basic resources struggling the most. Chemicals and food & beverages logged positive gains. Adidas, reported a 6% year-on-year...

Opening Wrap – Wednesday, November 6, 2019

In Asian Equity Markets indices were mostly lower in Wednesday as investors monitor developments on U.S.-China trade.. Mainland Chinese stocks declined, with the Shanghai composite down 0.19%. Hong Kong’s Hang Seng index fell fractionally. Elsewhere, the Nikkei 225 in...

Closing Wrap – Tuesday, November 5, 2019

In European Equity Markets the pan-European Stoxx 600 climbed 0.23% by the closing bell, with basic resources jumping over 1.9% while utilities stocks fell around 0.8% to lead sectoral losses. In terms of individual stocks, earnings remained in focus as Pandora shares...

Opening Wrap – Tuesday, November 5, 2019

In Asian Equity Markets indices rose in Tuesday trade following record closes overnight on Wall Street. Shares in Japan led the region following a return from a Monday holiday. The Nikkei 225 rose 2% as shares of index heavyweight Softbank Group jumped more than 2.5%....

Closing Wrap – Monday, November 4, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.97% higher, with trade-sensitive Autos jumping 2.8% on average and the Basic Resources basket up more than 3%. Earnings continue to serve as the focal point for individual stock performance. Siemens...

Opening Wrap – Monday, November 4, 2019

In Asian Equity Markets indices rose in Monday trade amid optimism on the U.S.-China trade front. Mainland Chinese shares rose by the afternoon, with the Shanghai composite up 0.75%. In Hong Kong, the Hang Seng index jumped 1.28%. Shares of life insurer AIA rose more...

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