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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...

Closing Wrap – Tuesday, February 18, 2020

In European Equity Markets the pan-European Stoxx 600 closed down 0.5%, with most sectors and major bourses in the red. Basic resources stocks shed 2.1% to lead losses while telecoms shares bucked the trend to climb 1.1%. Individual share price action was also being...

Opening Wrap – Tuesday, February 18, 2020

In European Equity Markets indices fell on Tuesday morning, as the new coronavirus outbreak continued to roil companies amid expectations it would cause a slowdown. Hong Kong’s Hang Seng index was down around 1%. The Shanghai composite declined 0.16%. Japan’s Nikkei...

Closing Wrap – Monday, February 17, 2020

In European Equity Markets the pan-European Stoxx 600 closed up more than 0.3% after hitting a record high earlier in the session. Autos climbed 1.2% to lead gains while tech stocks bucked the risk-on trend to fall 0.3%. Corporate earnings remain in focus. French auto...

Opening Wrap – Monday, February 17, 2020

In European Equity Markets indices traded mixed on Monday as investors continued to assess the potential economic fallout from the pneumonia-like coronavirus. The Shanghai composite rose 1.04%. Elsewhere, Japanese shares fell, with the benchmark Nikkei 225 down 0.64%...

Closing Wrap – Friday, February 14, 2020

In European Equity Markets the pan-European Euro Stoxx 600 index closed slightly lower with major bourses and sectors pointing in different directions. Earnings were a major focus for European investors. Renault shares fell slightly after reporting a surprise 2019...

Opening Wrap – Friday, February 14, 2020

In Asian Equity Markets indices were mostly higher in Friday morning trade as concerns around the ongoing coronavirus outbreak continue to weigh on investor sentiment. Hong Kong’s Hang Seng index was 0.33% higher. In Japan, however, the Nikkei 225 fell 0.56% as shares...

Closing Wrap – Thursday, February 13, 2020

In European Equity Markets the pan-European Stoxx 600 was nearly 1% lower, with every sector and all major bourses in negative territory. Shares of Credit Suisse were trading around 0.7% lower despite the bank beating market expectations with its latest earnings on...

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