Stock Market News (European Open) – European stocks head lower, losses limited though; Hang Seng at decade high

Posted on November 21, 2017 at 9:37 am GMT

Equities in Asia were broadly on the rise during today’s trading. The Nikkei 225 and the Topix, which more widely gauges Japanese equity performance, finished the day higher by 0.7% and 0.65% respectively. Hong Kong’s Hang Seng added 1.9%, closing at its highest in a decade, and the Shanghai Composite rose by 0.55%. Australia’s S&P/ASX 200 advanced by 0.3% as RBA minutes pertaining to the central bank’s early November meeting showed policymakers not being confident about rising wage growth and [..]


Stock Market News (European Open) – European indices broadly in the green; Stoxx 600 hits 5-month high

Posted on October 31, 2017 at 10:13 am GMT

In Asia, the Nikkei 225 remained flat, while the Topix, Japan’s broader gauge of equity performance, lost 0.3%. Hong Kong’s Hang Seng slid 0.3% while the Shanghai Composite added 0.1%. Australia’s S&P/ASX 200 contracted by 0.2% and the South Korean Kospi advanced by 0.9% to close at an all-time high. Japanese benchmarks were impacted by the decline in SoftBank (down 4.6% – a component stock in both the Nikkei 225 and the Topix). The sell-off was fueled on the back [..]


Stock Market News (US Open) – FTSE benefits on falling sterling; major Wall Street indices open slightly lower

Posted on October 12, 2017 at 1:50 pm GMT

With the open of US markets, the pan-European Stoxx 600 and the blue-chip Euro Stoxx 50 were both trading lower by 0.1% and 0.2% on the day with major blue-chip benchmarks in Europe giving a mixed picture. The FTSE 100 was the brightest spot in terms of performance among main European blue-chip indices. The closely-watched benchmark was up by 0.3%, reaching its highest since early June at one point during today’s trading. FTSE constituents’ revenues are to a significant extent [..]


Stock Market News (US Open) – FTSE helped by weakening sterling; major Wall Street benchmarks slightly down

Posted on October 6, 2017 at 2:43 pm GMT

The pan-European Stoxx 600 traded 0.3% lower not long before European traders head home for the weekend. Despite the decline, it remains up on the week and on track for its fourth consecutive weekly gain. Spain’s IBEX 35, which received additional attention this week due to ongoing tensions over Catalonia’s efforts to gain independence, was 0.4% down, having reversed a large part of losses recorded earlier in the day. The blue-chip benchmark suffered a poor week, with weekly losses standing [..]


Stock Market News (US Open) – Excluding Spain, Europe on the rise; Stoxx 600 hits 3-month high; Wall Street at fresh peaks

Posted on October 2, 2017 at 2:03 pm GMT

As trading progressed, major European benchmarks remained broadly in the green with the Spanish IBEX 35 being the exception as it was weighed by political uncertainty in the country following yesterday’s Catalan referendum for independence. The pan-European Stoxx 600 last traded 0.1% higher, hitting a fresh three-month high of 389.43 earlier in the day. The IBEX 35 was down by 1.8%, looking poised for its worst daily performance in nearly two years. The FTSE 100, DAX and CAC 40 were [..]


Stock Market News (European Open) – IBEX declining after Catalan vote; European equities mostly gaining, boosted by weaker euro

Posted on October 2, 2017 at 10:11 am GMT

The Nikkei 225 advanced by 0.2%, whereas the broader Japanese index, the Topix, lost 0.1% on a day when Asian markets, including China, Hong Kong and South Korea were closed for public holidays. Third quarter data released today showed big manufacturers in Japan being the most upbeat about the business outlook in a decade. Australia’s S&P/ASX 200 added 0.8% to record its heftiest gain in nearly two months in a light trading day with Melbourne open for business and Sydney [..]


Stock Market News (US Open) – Modest gains in Europe; tech stocks attempting recovery in US

Posted on September 26, 2017 at 1:59 pm GMT

Beyond company fundamentals, ongoing tensions between North Korea and the US, as well hints on the future direction of monetary policy by the world’s major economies, were on equity traders’ radar during today’s trading. Major indices in Europe were fluctuating between gains and losses throughout the session’s trading. Stoxx 600, the pan-European index, last traded 0.1% higher. Its performance ranged from -0.1% to 0.2%, touching a fresh two-month peak at its highest.  In terms of country indices, the FTSE 100 [..]


Stock Market News (European Open) – European stocks decline modestly; Japanese equities surge after holiday

Posted on September 19, 2017 at 10:03 am GMT

As Japanese markets were back in business after yesterday’s “Respect for the Aged Day” holiday, major indices in the country enjoyed the bullish reaction that equity benchmarks across the world had experienced the day before. Specifically, the Nikkei 225 gained nearly 2.0%, while Japan’s broader index, the Topix, advanced by an also impressive 1.8%, rising to its highest since August 2015. Hong Kong’s Hang Seng lost 0.4%, the Shanghai Composite fell by 0.2% and Australia’s S&P/ASX 200 declined by 0.1% [..]


Stock Market News (US Open) – European stocks partially recover losses; miners dominate FTSE underperformers; Wall Street opens lower

Posted on September 13, 2017 at 2:06 pm GMT

European equities, as gauged by the performance of major indices in the continent, have to a large extent reversed losses from earlier in the day. The Stoxx 600 was down by less than 0.1%, making up for more than three-quarters of the 0.4% decline it reached at its lowest earlier in the session. The FTSE 100, DAX and CAC 40 all moved higher with the former remaining in red territory though, being last down by 0.2%. The DAX and the [..]


Stock Market News (US Open) – World equities trade higher as investors await Jackson Hole key speeches

Posted on August 24, 2017 at 1:57 pm GMT

All major bourses traded higher during European trading hours with the three main US indices also advancing, in a light-volume market. The pan-European STOXX 600 rose 0.54%, while the blue chip STOXX 50 gained 0.61%. The Dow Jones Industrial Average advanced 0.16%, the S&P rose 0.18% and the Nasdaq Composite gained 0.27% after the market opened. Investors will be analyzing events at Jackson Hole, most notably keen to get updates from Mario Draghi and Janet Yellen, both due to speak [..]

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