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Stock Market News

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Stock Market News (European Open) – European equities slightly lower ahead of BoE; Apple results after US market close

Posted on November 2, 2017 at 9:42 am GMT

Asian equities were projecting a mixed picture today. The Nikkei 225 and the Topix, which more broadly gauges Japanese equity performance, added 0.5% and 0.4% respectively, yet again closing at multi-year highs. Hong Kong’s Hang Seng lost 0.3% and the Shanghai Composite slid by 0.4%. Australia’s S&P/ASX 200 retreated by 0.1%. In the US, sources have indicated that current Fed Board of Governors member Jerome Powell is President Trump’s pick to lead the Fed when Janet Yellen’s term ends in [..]

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Stock Market News (European Open) – Positive momentum in Asia moves over to Europe; Stoxx 600 at 2-year high; Facebook eyed

Posted on November 1, 2017 at 9:50 am GMT

Bullish sentiment was strong during today’s trading in Asia with major indices recording notable gains. In Japan, the Nikkei 225 and the broader Topix advanced by 1.9% and 1.2% respectively, closing at fresh multi-year highs. Hong Kong’s Hang Seng added 1.2% and the Shanghai Composite rose by 0.1%. Australia’s S&P/ASX 200 gained 0.5% and South Korea’s Kospi advanced by 1.3% to yet again finish the day at an all-time high. Sony Corporation, a Nikkei 225 and Topix constituent stock, surged [..]

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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 [..]

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Stock Market News (European Open) – Spanish stocks outperform; Shanghai equities retreat on deleveraging worries

Posted on October 30, 2017 at 9:55 am GMT

In Asian equities, the Japanese Nikkei 225 and Topix indices finished the day flat, remaining at the multi-year highs hit on Friday when the two benchmarks posted sizable gains. Hong Kong’s Hang Seng lost 0.4% and the Shanghai Composite declined 0.8%. Australia’s S&P/ASX 200 added 0.3%.  Shanghai stocks contracted the most in more than two months on the back of expectations for a slew of IPOs and bond yields edging higher, hinting to tighter liquidity. The rise in bond yields [..]

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Stock Market News (European Open) – Weaker euro, sterling boost exporter-heavy European indices; DAX, CAC hit record highs; Chevron, Exxon eyed

Posted on October 27, 2017 at 10:00 am GMT

Out of Asia, the Nikkei 225 added 1.2% to close above the 22,000 mark for the first time since 1996. The Topix, Japan’s broader gauge of equity performance, gained 1.0% to finish at its highest since July 2007. The two exporter-heavy benchmarks were supported as dollar/yen was on the rise. The pair today touched 114.31, its highest since July 11. Hong Kong’s Hang Seng advanced 0.8% and the Shanghai Composite climbed by 0.3%. Australia’s S&P/ASX 200 lost 0.2%. The picture [..]

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Stock Market News (European Open) – Spanish equities decline on Catalonia uncertainty; Alphabet, Amazon in focus

Posted on October 26, 2017 at 9:58 am GMT

After yesterday’s decline that ended their long streak of gains, the Japanese Nikkei 225 and the Topix indices advanced by 0.15% and 0.1% respectively during today’s trading. Hong Kong’s Hang Seng lost 0.4% and the Shanghai Composite added 0.3%. Australia’s S&P/ASX 200 rose 0.2%. Today’s decision on monetary policy by the European Central Bank at 1145 GMT as well the press conference by President Mario Draghi at 1230 GMT are without a doubt the highlight of the day. The ECB [..]

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Stock Market News (European Open) – FTSE declines on rising sterling; Coca-Cola and Boeing to release results before US open

Posted on October 25, 2017 at 9:56 am GMT

Asian markets projected a mixed picture today with movements from major benchmarks being fairly limited. The Japanese Nikkei 225 and Topix indices finished the day lower by 0.45% and 0.3%, ending a 16- and 12-day streak of positive closes respectively (the longest on record for the Nikkei) that brought them to multi-year highs. Hong Kong’s Hang Seng gained 0.5% and the Shanghai Composite rose by 0.3%. Australia’s S&P/ASX 200 Index added 0.1%. In Europe, the pan-European Stoxx 600 was down [..]

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Stock Market News (European Open) – European markets mixed; Japanese equities extend gains; McDonald’s reports before US open

Posted on October 24, 2017 at 9:34 am GMT

In Asia, the Nikkei 225 finished the day higher by 0.5%, extending its record winning run to 16 straight days. The Topix, a broader gauge of Japanese equities, added 0.7% to record its 12th consecutive daily advance. Both benchmarks currently stand at multi-year highs. Hong Kong’s Hang Seng shed 0.5% with the Shanghai Composite adding 0.2%. Australia’s S&P/ASX 200 rose 0.1%. Major European bourses were giving a mixed picture during morning trading with major themes affecting sentiment in the continent being [..]

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Stock Market News (European Open) – Spanish stocks underperform; Nikkei longest streak of gains on Abe landslide

Posted on October 23, 2017 at 10:04 am GMT

In Japanese equities, the Nikkei 225 and the broader Topix once again finished the day in the green, extending their multi-year high closes; the Nikkei added 1.1% and the Topix rose by 0.8%, closing at their highest since 1996 and 2007 respectively. Hong Kong’s Hang Seng declined by 0.6%, while the Shanghai Composite added 0.1%. Australia’s S&P/ASX 200 fell 0.2%.  The Nikkei recorded its longest streak of gains – 15 consecutive days – as it finished in positive territory today. [..]

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Stock Market News (US Open) – European stocks head higher ahead of crucial meeting in Spain; US indices renew highs on tax optimism

Posted on October 20, 2017 at 2:05 pm GMT

At 1355 GMT, a few minutes after US stock markets opened for the trading day, most major European benchmarks were looking set to finish this week’s last trading day on a positive note. The pan-European Stoxx 600 was higher by 0.25% on the day, though it was lower by 0.3% on a weekly basis after advancing for five straight weeks. The FTSE 100 and CAC 40 were higher by 0.2% and 0.1% respectively with the DAX being flat. The Spanish [..]

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