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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 [..]

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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 [..]

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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 [..]

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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 [..]

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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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Stock Market News (European Open) – Another week of red for world equities as indices tumble on renewed geopolitical tensions

Posted on August 18, 2017 at 8:41 am GMT

A sell-off among world equities spread to Europe where travel stocks were hit the most on the terrorist attack in Spain. Stocks in Asia finished the day lower, with all major indices tumbling. The Nikkei 225 fell 1.18%, Australia’s S&P/ASX 200 slid 0.56% and the HANG SENG index dropped 0.96%. The pan-European STOXX 600 index fell 0.74%, while the blue-chip STOXX 50 slid 0.72%. Among major European bourses, the Spanish IBEX underperformed peers, falling 1.04%. Stocks of most companies fell [..]

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Stock Market News (European Open) – Miners top gainers as European bourses’ gains unfold, Asian performance mixed

Posted on August 16, 2017 at 8:46 am GMT

All major European bourses rose in early hours of trading, following a gain among Asian indices. The pan-European STOXX 600 index gained 0.60%, while the blue chip STOXX 50 index rose 0.56%. In Asia, Australia’s S&P/ASX 200 was up 0.48% and the HANG SENG by 0.80%. The Nikkei 225 was down 0.12% on the day. In Europe, the Italian FTSE MIB index rose the most, up 1.07%, followed by the French CAC 40 (up 0.83%). The basic resources index rose [..]

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